Credit Suisse to Expand ETF Product Offering into Asia

While touting its success in the exchange-traded fund (ETF) business, Credit Suisse announced that it plans to expand its ETF platform next year in Asia.

This year Credit Suisse has seen a 45 percent increase in assets under management (AUM) in its ETF business, which is a result of increasing its product range to 54 ETFs in 2010 and by breaking into the UK market in September.

"We believe the ETF industry remains in an early growth phase and we see potential for rapid development not just in

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