The assets in iShares exchange-traded funds (ETFs) held on wrap platforms increased by 106% last year, Financial Times reports. The ETF issuer had total assets of £557.9 million held on its six wrap platforms.
The firm’s overall growth of 106% across six wrap platforms includes a 373% asset growth on Ascentric and 301% on Novia, adds IFA Online. Around 33% of ETF assets were in government bonds and 18% were in corporate bonds.
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