ANZ launches first Australia bank ETFs in $14 bln market

May 26, 2015 3:02 AM

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SYDNEY May 26 ANZ Banking Group said on Tuesday it would launch six exchange traded funds (ETFs) linked to currency, gold and equities, the first of Australia's major banks to venture into the fast-growing A$18 billion ($14 billion) domestic ETF market.

ANZ, Australia's third largest lender by market value, is partnering with London-based ETF Securities to launch the fund, Danny Laidler, co-head of ANZ ETFs, told reporters.

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