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etfs securities - backed by AIG
cagey76
Posts: 77 Forumite
it looks as though th paper backed etf's offered by etfs securities are backed by AIG.
http://www.etfsecurities.com/en/welcome.asp
does anyone know how secure they are if AIG was to endure more problems or go under ?
http://www.etfsecurities.com/en/welcome.asp
does anyone know how secure they are if AIG was to endure more problems or go under ?
0
Comments
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I mentioned this the other day on this forum and was told the assets are secure, only specialist funds would be owned by the firm itself
I presume monies would be frozen for a while, lehmans operated alot of etf afaik0 -
AIG is now virtually nationalised by the US government after the bail-out.0
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