The iShares ETF family began in 2000 and now has more than 180 ETFs, making up about 60% of the $356 billion U.S. ETF market. Ignites reports Barclays Global Investors is the biggest money manager in the U.S. due to the success of exchange traded funds. In terms of assets managed, UBS number one in world assets managed.
With the recent pension overhaul, there is going to be more of a demand for transparent management. Barclays sees this as the next big growth opportunity as institutional clients look for strategies that are Barclays specialties.
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