The hottest ETF strategist of the past year is ... Beaumont Capital Management
Per Morningstar's latest report
on the subject, Needham, Massachusetts-based Beamont saw its assets rise more over the last year than any other ETF strategist in the business. For the 12 months ended June 30, 2015, Beaumont's AUM increased $1.7759 billion to $2.8564 billion.
Second place goes to Vanguard Advisers
], the low-cost mutual fund titan's robo-advice solution, which increased $1.1015 billion to $1.6899 billion. Rounding out the top five were: Windham Capital Management
, up $928.6 million to $2.288 billion; Astor Investment Management
], up $890.2 million to $1.7024 billion; and SEI Trust Company
], up $608.3 million to $967.5 million.
On the flip side, beleaguered F-Squared Investments
suffered a massive $20.8026 billion drop to $3.3486 billion, pushing it down from first to sixth in AUM. Other ETF strategists that suffered big AUM drops were: Good Harbor Financial
(whose backers are trying to buy
F-Squared assets out of bankruptcy), whose AUM fell $7.9466 billion to $1.6263 billion; Charles Schwab's
] Windhaven Investment Management
, AUM down $4.2528 billion to $14.7926 billion, which is the biggest ETF strategist on M*'s list; Stadion Money Management
], whose AUM dropped $722.8 million to $4.0427 billion; and Al Frank Asset Management's
] Innealta Capital
, whose AUM fell $703.6 million to $2.2106 billion.
As of June 30, 2015, M* tracked 770 strategies from 153 shops with a combined $80 billion in AUM. That total was down seven percent for the quarter, thanks largely to an $11-billion drop at F-Squared.
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