In our last report, we showed that in 2017, insurance companies increased their use of exchange-traded funds (ETFs) by a significant amount (37% year-over-year). In 2018, insurance companies continued to increase their use of ETFs and, in spite of a market correction in the Q4 2018, held ETF assets in line with long-term growth trends. Furthermore, in 2018, the industry also displayed a divergence in their investment patterns—with companies that had previously been slow to adopt ETFs increasing their usage, and other companies, which in the past had grown ETF usage rapidly, retrenching. A divestment from Smart Beta ETFs, in particular, caused a drag on the overall share ownership and AUM of insurance companies invested in ETFs. In our fourth annual analysis of ETF usage in insurance general accounts, we explore the changing dynamics and current usage of over 1900 companies in this market.
You are now leaving www.spdji.com
By choosing Continue, you understand you will be directed to a third party’s web site, which may contain different terms and conditions than the ones governing the web site of S&P Dow Jones Indices (S&P DJI). S&P DJI makes no representations or warranties of any kind, express or implied, regarding the completeness, accuracy, reliability, suitability or availability of information on a third party site, including any products or services mentioned therein, for any purpose. S&P DJI does not sponsor, endorse, sell or promote any investment fund or product, or make investment recommendations.