PALM DESERT, Calif. – It may have taken almost 18 years for the combined assets of exchange-traded funds to surpass a trillion dollars. But it should only take another three years to top the second trillion.
Exchange traded funds should approach $2 trillion by the end of 2014, according to Darek Wojnar, the managing director of iShares Product Research & Development at BlackRock, the largest issuer of such products in the nation.
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