07.31.24
Big Firms Race To Put Private Assets Into ETFs
by: Vilanda Hajric and Katie Greifeld
Major asset managers like BlackRock and Invesco want to offer access to private markets via exchange-traded funds (ETFs), a tie-up with the potential to open the closed-off world to main street investors. With private markets now worth more than $13 trillion and billions pouring into ETFs every month at the expense of old-fashioned mutual funds, the motivation to figure out the best way to package the products is strong.
Read the full article on Bloomberg