Smart beta AUM doubles in three years to $1trn

Survey by MJ Hudson Allenbridge

Roughly $1trn now sits in systematic factor strategies, $700bn of which is run by asset managers, according to the latest estimate from the MJ Hudson Allenbridge Systematic Factor Market Review.

A follow-up to the group's 2014 report, which indicated global assest under management (AUM) of approximately $500bn, this year's survey revealed that almost two-thirds of asset managers and half of investment banks witnessed asset growth of more than 100% over the three-year period.  The $1trn figure represents more than 2,200 strategies, with 615 being managed by asset managers and the rest by investment banks. More than half (385) of those looked after by asset managers are equity-based, though multi-asset strategies have also become a more popular feature of new product developmen...