BlackRock Sees Model-Portfolio Investing Growing to $10 Trillion by 2028

  • Model portfolios have been growing corner of money management
  • It’s going to be massive, says Ramji, global head of iShares
Salim Ramji, BlackRock global head of ETFs and index investments, says the firm is very bullish on active ETFs. He’s on “Bloomberg ETF IQ.”Source: Bloomberg
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BlackRock Inc. expects the model-portfolio realm of money management to grow to a $10-trillion business over the next five years.

The strategy, by which asset managers and investment platforms compile ready-made packages that are then sold to financial advisers, is set to grow from around $4.2 trillion currently, according to Salim Ramji, global head of iShares and index investments at the asset manager.