AUM in the US listed ETFs reportedly increased by $2.4bn in the 12 months to 31 July 65.3%, taking the YTD inflow to $127.5bn, and total AUM to $2.03tn. Growth of the ETF market, fuelled by the trend for passively managed funds, seems justified by the latest data from S&P Dow Jones Indices, which shows that for August of active large-cap managers and 59% of active small-cap managers failed to beat their benchmark.
AUM in the US listed ETFs reportedly increased by $2.4bn in August, taking the YTD inflow to $127.5bn, and total AUM to $2.03tn. Growth of the ETF market, fuelled by the trend for passively managed funds, seems justified by the latest data from S&P Dow Jones Indices, which shows that for the 12 months to 31 July 65.3% of active large-cap managers and 59% of active small-cap managers failed to beat their benchmark.