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by pnako
2352 days ago
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Yeah I was wrong about index ETFs in particular but my general point remains: most of their AUM are in passive funds (ETF or not).
According to their last annual report, only 27% of AUM are in active funds.
https://ir.blackrock.com/files/doc_financials/2018/ar/2018-A... Regarding the small ETFs: yes that's kind of my point. Most of the volume is still in large, broad index-based funds, and BlackRock is looking for a good story to get people to invest more into the more 'niche' funds (which includes all the green/no-carbon funds). |
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