AUM of World’s 500 Largest Asset Managers Nears $140T
The industry saw growth in North America and in passive strategies, according to WTW’s Thinking Ahead Institute.
The firm has applied for permission to launch 13 exchange-traded-fund share classes, but significant movement is not anticipated in the immediate future, experts say.
While not a driver of growth in exchange-traded funds, institutional investors have found new use cases for the investment vehicles.
Once used for cash or transition management, exchange-traded funds are taking a bigger role in institutional portfolios.
A coalition of 79 institutions of higher education includes both Cambridge and Oxford.