ETF growth becomes big plus for index managers; Indexed assets up 5.4%; fixed-income strategies see boost from pandemic
Nov 16, 2020 - Pensions & Investments
Despite a global pandemic that upended markets early this year, worldwide indexed assets under management rose for the fourth consecutive year, increasing 5.4% to $15.35 trillion on the strength of ETF growth for money managers that participated in Pensions&Investments' annual survey.
U.S. institutional tax-exempt index assets rose to $4.85 trillion as of June 30, a 3.5% increase from $4.69 trillion the previous year.
Worldwide indexed assets managed in exchange-traded funds and exch...
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