In quite possibly unsurprising news for those following the exponential growth of the exchange-traded funds industry, BlackRock, Inc. (NYSE: BLK) says institutional investors are increasing their use ETFs.
BlackRock, the parent company of iShares, the world's largest ETF issuer, confirmed the findings in its 2015 Institutional Usage Report out Friday. The report provided insights into ETF usage trends across 814 pensions, foundations, endowments, asset managers, consultants and insurers, said BlackRock. According to the report's findings, managing volatility is a primary reason why so many institutional investors are boosting their use of ETFs.
The Report's Findings
“In 2015, across all client types, almost a quarter of respondents cited volatility as their main investment challenge. Asset owners such as consultants and pensions,foundations, and endowments were the largest client segment to report this as their main investment challenge, while far fewer asset managers and insurance companies appear to be concerned,” said BlackRock.
Year-to-date, investors have poured $1.1 billion in ...
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