Db x-trackers has raised more than 11.7 billion of assets since Deutsche Bank launched the ETF platform in January 2007, making it the fastest growing ETF provider in the world, Financial Times reports.
Manooj Mistry, head of db x-trackers UK, says the company has increased its AUM by more than 5.6 billion in the first six months of 2008, which clearly makes us the leader in the European ETF market in terms of assets inflow. Since September 2007, db x-trackers has listed 53 ETFs on the London Stock Exchange. Globally, it has launched 87 ETFs with 240 listings across Europe.