Growing Institutional Adoption of ETFs in 2023 etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
ETF assets held in U.S. insurance companies' general accounts fell by 23.5% in 2022, the first "substantial drop" since they began buying ETFs in 2004.
Insurance companies are allocating more money from their portfolios to exchange-traded funds particularly into fixed income ETFs, according to research from S&P Dow Jones Indices.