State Street Global Advisors (SSGA) launched the first ever ETF in 1993, with the S&P 500 Depositary Receipts. According to SPDR, this ETF now has AUM of nearly USD 275 billion*, which makes it the largest ETF in the world.
ETFs and passive products have seen huge inflows in the US for many years. But in Europe -- and the Nordic countries in particular -- investors have been slower to adopt the product.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from AMWatch
ATP to pressure portfolio companies with new tool
Starting next year, companies will be required to divulge the proportion of investments and revenue which can be classed as sustainable. This is meant to provide institutional investors with far better means to push carbon-intensive businesses in a greener direction, says ATP about vastly improving its active ownership.
Commodity losses strip emerging markets of yheir lone attraction
The most popular trade in emerging markets this year -- betting on commodity-exporting nations -- is losing its appeal. One of the manages that has made changes recently is Nordea.
Lægernes Pension comes out on top in client satisfaction survey – Danica comes last
Generally, reported client satisfaction with pension companies has dropped this year, but the fall is smaller than last year’s. The first and last place holders remain the same.
Sweden’s new fund selection agency is up and running
The premium pension system’s fund procurement agency officially started operations this week, and the first procurement begins during the fall. A key hire has also been made.
GSAM bets on millennials
Through a partnership with Max Matthiessen and its fund firm Navigera, Swedish customers can get access to one of Goldman Sachs Asset Management’s active equity strategies. It’s one that is based on the rise of a powerful consumer force, portfolio manager Laura Destribats says during a Stockholm press meet.
International Client Relationship Manager 
Forsyningstilsynet søger økonomer med regnskabsforståelse 
Assistant Operations Manager 
Data Scientist - Transition, Modelling & Analytics 
Erfaren Skatteadvokat - København eller Herning 
GreenGo Energy søger Manager, Permitting til arbejdet med myndighedsgodkendelser af vores solcelleparker i Danmark