Amundi, iShares and Vanguard were awarded top honours at the first ever FE Passive Awards.
iShares picked up three accolades while Scottish Mutual and BlackRock were also among the winners at the industry's first pure passive awards. FE said the awards are in recognition of the growing importance that passive investing plays in the UK asset management industry. The number of passive funds has grown in recent years with the global ETFs rising from 713 in 2006 to 3,423 this year. Looking at the UK, tracker funds have £109bn in funds under management, making up 10.7% of industry funds. Active ETFs- The evolution of passives in the US "Although the rise in the number ...
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