FYI: For the second year in a row, Keefe, Bruyette & Woods (KBW) has surveyed institutional investors to see how and why they use ETFs, especially equity ETFs. The results are interesting, and we provide some key highlights.
KBW solicited data from 26 institutional investors, 64% of which were hedge funds or private equity firms. The mix also included responses from mutual fund/insurance and institutional wealth managers, banks and endowments/foundations. Overall, 60% of participants had less than $1 billion in assets under management, while 20% had more than $5 billion.
Regards,
Ted
https://www.etf.com/publications/etfr/institutions-still-wary-etfs?nopaging=1
