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ETF Sales Grow Rapidly as Sellers Dwindle: Barclays Global Continues to Dominate Sizzling Space

Matt Ackermann American Banker

Money Management Executive, 2005, p.1

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Título:
ETF Sales Grow Rapidly as Sellers Dwindle: Barclays Global Continues to Dominate Sizzling Space
Autor: Matt Ackermann American Banker
Assuntos: Advisors ; Consolidation ; Exchange traded funds ; Executives ; Fees & charges ; Industry forecasts ; Institutional investments ; Market share ; Market shares ; Market size ; Mutual fund industry ; Mutual funds ; Portfolio management
É parte de: Money Management Executive, 2005, p.1
Descrição: Sales of exchange-traded funds have grown rapidly in the past 3 years, but the number of companies manufacturing them in the US shrank to 7 last year and is unlikely to grow, market participants said. Three of the 7 - State Street Global Advisors, Barclays Global Investors, and Bank of New York - have nearly 97% of the $228 billion US exchange-traded fund market. There were 8 providers in 2003, but UBS Asset Management, which managed 2 exchange-traded funds in this country, with $116 million of assets, sold out last year to State Street.
Editor: New York: SourceMedia, Inc
Idioma: Inglês

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