Quant Giant Dimensional Takes Aim at $4.4 Trillion ETF Market
- Firm filed on Friday for three actively managed equity ETFs
- Decision was driven by demand from clients for ETFs: O’Reilly
David Booth
Photographer: E. Jason Wambsgans/Chicago Tribune/Tribune News Service via Getty ImagesThis article is for subscribers only.
Dimensional Fund Advisors LP is throwing its hat into the $4.4 trillion exchange-traded fund arena with three proposed equity offerings.
The Austin, Texas-based money manager, which oversees $506 billion in assets, filed with the Securities and Exchange Commission on Friday to register three actively managed ETFs. The Dimensional US Core ETF, Dimensional International Core ETF and the Dimensional Emerging Markets Core ETF are intended to launch later this year, according to a press statement.