Index Providers: Whales Behind the Scenes of ETFs
Harvard Corporate Governance
AUGUST 8, 2023
According to the 2021 Investment Company Institute Fact Book, total assets under management (AUM) in ETFs increased from $992 billion in 2010 to $5.4 This post is based on their recent paper , forthcoming in the Journal of Financial Economics. Introduction Exchange-traded funds (ETFs) have experienced remarkable growth in recent years.
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