Present left the firm in November and was replaced by Laura Dagan. F-Squared had $28 billion in assets under management at the end of the third quarter, according to a statement issued by the firm, meaning the firm controls over a quarter of the capital allocated to ETF managed portfolios. [Changes at the Top at F-Squared]
The SEC controversy has weighed on F-Squared. Last month, the company reportedly announced it would slash 25% of its workforce, cuts that were likely prompted by the billions in lost assets as investors fled the firm amid the SEC flap.
F-Squared had $28 billion in assets under management at the end of the third quarter, according to a statement issued by the firm, meaning the firm controls over a quarter of the capital allocated to ETF managed portfolios.
ETF managed portfolios are investment strategies that hold more than 50% of assets invested in ETFs. A group of ETF Strategists package portfolios of ETFs into investment strategies to meet a wide range of investor demands, providing stand-alone investment strategies or a one-stop complete offering. Many portfolios can be adjusted to adapt to changing market conditions and most employ a rules-based process based on technical or quantitative factors.