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iShares Euro ETFs Cross $100B In Assets

BlackRock’s iShares exchange-traded funds business in Europe reached $101.8 billion in assets at the end of December 2010, Financial Times reports.

BlackRock’s iShares exchange-traded funds business in Europe reached $101.8 billion in assets at the end of December 2010, Financial Times reports. iShares has also witnessed the largest new inflows totaling about $13.3 billion in 2010.

The European ETF industry has risen 30% to obtain $315.5 billion assets in 2010. Lyxor is second in the European market with $52.4 billion, while Deutsche Bank’s db-xtrackers business got $49.2 billion.

Click here for the story from Financial Times.

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