Notably, BlackRock’s ETF Managed Portfolios were added into the Morningstar database for the first time over Q2. BlackRock is now the fourth major ETF provider, after Vanguard, Charles Schwab and State Street Global Advisors, to report strategies to Morningstar. BlackRock ranks sixth in overall assets under management.
SEE MORE: ETF Strategists Help Investors Protect, Grow Their Serious Money
Global All-Asset and Global Balanced strategies stumbled over the first half of 2016, which caused continued outflows from some of the largest options in the space.
The Windhaven Diversified Growth strategy remained the largest offering in the space with $5.5 billion in assets under management, followed by BlackRock Multi-Asset Income with $3.2 billion and Windhaven Diversified Aggressive $3.1 billion.
Windhaven Investment Management, a unit of Charles Schwab and largest company in the space, held $10.6 billion in assets. RiverFront Investment Group, the second largest provider, held $5.5 billion in assets. State Street Global Advisors came in third with $4.7 billion in assets.
For more information on the ETF managed portfolios space, visit our ETF managed portfolios category.