Goldman Sachs Asset Management has acquired Benchmark Asset Management, the biggest ETF provider in India and issuer of the largest Gold index fund in the country.

Low liquidity levels in the fixed income markets have led investment grade and high yield ETFs to rack up higher-than-expected tracking errors and lower performance, according to asset manager Robeco.

ETFs are making inroads in the US institutional space, despite being typically thought of as a retail product in the US, according to a new survey by consultant Greenwich Associates.

Towers Watson has started recommending its clients invest up to half of their passive assets in fundamental indices.

Russell Investments has tapped two Barclays Global Investors (BGI) executives, formerly tasked with growing iShares, to help build products related to the ETF business.

Equity manager RCM, a subsidiary of Allianz Global Investors, is set to launch a diversified growth fund in the first quarter that invests only in ETFs.

The number of institutional investors using ETFs increased 12% in 2008 with nearly 3,000 investors worldwide holding these funds, according to a report from Barclays Global Investors (BGI).

Barclays Global Investors' (BGI) assets under management increased 12% in the first six months of the year, with the firm's iShares business experiencing the fastest growth, its UK-based parent company Barclays reported today.

The OECD is urging policymakers to enforce stricter regulations and stronger governance of private pension funds, the organisation said today.