Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:ETF Titans Dominated ETF Strategist Growth in Q1 Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, July 10, 2017

ETF Titans Dominated ETF Strategist Growth in Q1

Reported by Waiho Zhang

State Street Global Advisors and Vanguard Advisors dominated the ETF managed portfolio landscape during the first quarter with both of them seeing their AUM rise more than $1 billion in their ETF strategist offerings.

Chicago-based investment research specialist Morningstar just released its "Morningstar ETF Managed Portfolio Landscape Report" for the first quarter of 2017. Ben Johnson, director of global ETF research, penned the report.

The top ETF strategist of the first quarter was State Street, generating $1.268 billion in net asset growth, M* estimates. Coming in second was Vanguard with $1.177 billion in net asset growth and trailing close behind were: BlackRock Inc., with an estimated growth of $802 million; Richard Bernstein Advisory, with an estimated growth of $761.5 million; and Clark Capital Management Group, with an estimated growth of $487.4 million.

On a relative basis however, Richard Bernstein placed first in terms of percent growth, increasing its total ETF strategist AUM by 37 percent the first quarter. State Street comes in second with a 23 percent increase, and Vanguard third, with an 18 percent increase. WestEnd Advisors, BlackRock, and Swan Global Investments all tie for fourth place with a 16 percent incease each. Finally in fifth place was Clark Capital who increased its total ETF strategist AUM by 11 percent.

On the flip side however, despite AUM increases for most of the ETF strategist in the industry, three of them experienced AUM dips the first quarter. The firm that dipped the most was Windhaven Investment Management, slipping an estimated $501.5 million in AUM. The second was Cougar Global Investments whose AUM shrunk $62.2 million in AUM, and third was Stadion Money Management, whose AUM slipped by $61.4 million.

In terms of relative losses, the order is exactly the same. Windhaven comes in first, with an estimated 6 percent slip in its AUM at the end of the first quarter. Cougar comes in second with a 4 percent slip and Stadion comes in third with only a 2 percent slip.

Industry wide, despite 3 of the 25 notable firms experiencing AUM drops, there was an estimated total net growth of $5.845 billion in assets within the portfolios of ETF strategists. This amounts up to an industrywide increase of 8 percent by the end of the first quarter.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF Director Discussion Series - Open Forum via Zoom (Midwest), March 10
  2. FinReg Outlook 2021, March 10
  3. Irish Funds North American Digital Seminar, March 11
  4. MFDF webinar - Municipal and Taxable Fixed Income — A Multi-Speed Recovery, March 12
  5. 2021 Virtual Mutual Funds and Investment Management Conference, Mar 15-19
  6. Women for Impact - A Call to Action, March 16
  7. SEC & DOL Standard of Conduct Rulemakings — Present & Future Considerations, March 23
  8. Expect Miracles Foundation's Virtual Mystery Game Night, March 24
  9. MFDF Director Discussion Series - Open Forum via Zoom, March 24
  10. ETFGI Global ETFs Insights Summit - ESG & Active ETF Trends, Mar 24-25
  11. MFDF webinar - Asset Management M&A for Fund Directors — Recent Trends and Governance Issues, March 31
  12. MFDF Director Discussion Series - Open Forum via Zoom, April 7
  13. MFDF In Focus: Board Oversight of Sub-advisers, April 15
  14. ETF.com Awards 2020, April 20
  15. The 31st Sub-Advised Funds Forum, Apr 20-21
  16. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  17. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  18. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  19. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  20. ICI 2021 General Membership Meeting - Day 1, May 6
  21. ICI 2021 General Membership Meeting - Day 2, May 13
  22. 2021 FINRA Annual Conference, May 18-20
  23. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  24. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  25. Irish Funds Online Annual Global Funds Conference 2021, May 19-20
  26. MFDF webinar - Fund Director Compensation: MPI Annual Survey (2021), May 20




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use