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Graham Tuckwell, one of the pioneers in the exchanged traded fund market, has put his company ETF Securities up for sale with a potential £1bn ($1.6bn) price tag.
Silver ETCs are gaining interest and the metal could perform well as economic factors boost its growth, according to ETF Securities.
ETF Securities has criticised iShares' proposals to rename some commodities products but says that if ETPS are re-labelled, physically-backed ETFs which lend securities should be in the same category as swap-backed products.
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The ETFM roundup brings you news of some of this week's activity in the ETF and indexing market.
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This week's news... condensed