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ETF Securities passes USD1bn in AUM in US ETF market

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ETF Securities USA says total assets under management of its four products, ETFS Physical Swiss Gold Shares, ETFS Physical Silver Shares, ETFS Physical Platinum Shares and ETFS Physical Palladium Shares now exceeds USD1bn.

ETF Securities is the first company to provide investors with access to a full suite of precious metal ETFs.

Investors can now trade gold, silver, platinum and palladium from the same provider.

William Rhind, strategic director for ETFS Marketing, says: “Crossing USD1bn in our four US ETFs is a landmark moment. We have been incredibly pleased with the reception our precious metal ETFs have received from the market. Providing a one stop shop for precious metals investing has really resonated with investors. We will endeavor to bring more products to market as we aim to become the leading provider of commodity ETFs in the US market.”

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