BGI wins the ETF round | Top marks for Goldman Sachs
UNTIL RECENT CHANGES of strategy, Barclays Global Investors and State Street Global Advisers seem to have followed a similar path. The world’s largest institutional fund managers, they have both built up about $1.4 trillion in assets under management, predominantly through their passive quantitative businesses. “It’s nearly impossible to say which one you would choose when they go head to head in a pitch for business for passive mandates,” says a consultant who prefers to remain anonymous.
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