Infrastructure should prove particularly attractive for investors seeking diversification, inflation protection and downside resilience with the potential to generate attractive absolute returns.
The Xtrackers MSCI USA Climate Action Equity ETF (USCA), which debuted Tuesday with $2 billion in assets, surpassed the $1.35 billion launch of the Goldman Sachs MarketBeta US 1000 Equity ETF (GUSA).
Banking turmoil and high yields pushed money market assets to a record $5.25 trillion this week.
The platform now features 1,181 strategies from 290 asset management firms, according to the company.
About 10%-15% of the RIA’s billable assets are now on the direct indexing platform, built through a combination of outside partnerships and proprietary technology.
Managers launched more than 30 new ETFs last month.
The DoubleLine Commercial Real Estate ETF (ticker DCMB) and the DoubleLine Mortgage ETF (DMBS) launched Tuesday.