Friedman: NASDAQ Indexes Represent $150 Billion in Assets
Adina Friedman · a16z Podcast | Market Shifts · Jan 2, 2019 · at 15:32
Adina Friedman, CEO of NASDAQ, details the scale and distribution of NASDAQ's indexing business across benchmark and smart beta indexes.
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“We're a significant indexer ourselves. So we provide indexes that now have a hundred and fifty billion dollars of assets tied to them. So about 60% of that AUM, assets under management, is tied to our benchmark indexes, like the Nasdaq 100, the biotech, the semiconductor. But another 40% is tied actually to smart beta indices that we've created.”
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