- Custody business for European ETFs grew by 25% over past 12 months
- Vestima platform simplifies complex cross-border transactions for ETF issuers
Exchange-traded funds (ETFs) have been highly successful with investors in recent years. Clearstream’s latest monthly report testifies to the buoyant demand for these passively managed, flexible and extremely versatile instruments, which are meeting the needs of an increasingly sophisticated investor community. ETF Assets Under Custody rose to over €300 billion in May for the first time. Over the past twelve months, Clearstream’s custody business for European ETFs has grown by 25%, which means a significant increase in market share for these products in Europe.
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