Dimensional Fund Advisors today announced that the firm’s global AUM has crossed $1 trillion (USD) for the first time.
“Forty-five years ago, we set out to help people discover a better way to invest,” said David Booth, Founder and Chairman. “It was an approach based on academic research and sensible ideas about how public markets really work. I’m grateful to all the clients and investors who have put their faith in us, believed in the power of public markets, and trusted us with their hard-earned assets.”
Over the years, Dimensional has expanded and enhanced its investments and client service offerings for institutions and advisors. In 2020, the firm launched its first ETFs and is now the largest active ETF issuer in the US1.
Dimensional has continued to grow this business globally with recent ETF listings in Australia and Europe. The firm has also introduced a lower-minimum separately managed account (SMA) and unified managed account (UMA) platform available in the US to help advisors manage taxes and customize solutions. Dimensional regularly reviews new strategies in line with its investment philosophy and refines its approach through in-house research and relationships with world-renowned academics, including several Nobel laureates.
1 Largest active manager based on AUM. Data provided by Morningstar.
“Every Dimensional strategy is rooted in rigorous financial science and thoughtful implementation,” said Gerard O’Reilly, Co-CEO and Co-CIO. “As a firm, we are committed to meeting the evolving needs of investors and are well-positioned for continued innovation and growth.”
Dimensional has a history of working closely with institutional investors and financial advisors. The firm has long advocated for the value of professional advice and promoted the positive impact that advisors bring to investor outcomes.
“We’re excited to celebrate this milestone alongside our employees and the investment professionals we work with around the world,” said Dave Butler, Co-CEO. “Dimensional is defined by the strength of these relationships and motivated to continue delivering quality investment solutions and an impeccable client experience.”
