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iShares Canadian ETFs Hit $41.4B In Assets

BlackRock Asset Management Canada has reported its Canadian ETFs have reached $41.4 billion in total assets under management.

BlackRock Asset Management Canada has reported its Canadian ETFs have reached $41.4 billion in total assets under management. The assets in the Canadian ETF market have increased by $3.2 billion in the first quarter of 2011.

iShares has acquired $1.4 billion in net new assets, boosting its total assets to $30.6 billion. Claymore Investments currently has $6 billion in ETF assets, while BMO Financial Group has attained $2 billion in ETF assets.

Click here for the release from Market Wire.

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