Additionally, there are a number of third-party ETF strategists and other research teams that have their own models.
According to Morningstar data, ETF managed portfolios are a growing segment of the separate accounts space, with $86 billion in assets as of the end of the third quarter, a 37% growth rate year-over-year. [The Evolution of Bespoke ETF Portfolios]
“On one hand you have a crowded space, but I do think Vanguard, because of the strength of its investment philosophy and message, can add value for advisers,” Martha King, managing director and head of Vanguard’s financial adviser services group, said in the article.
For more information on the ETF industry, visit our current affairs category.
Max Chen contributed to this article.