SANTA MONICA, Calif.--(BUSINESS WIRE)--Wilshire Associates Incorporated (Wilshire®), a leading global, independent investment consulting and services firm, today announced that Pacer ETFs, which utilize the “Powered by Wilshire” solution, ranked No. 1 for gathering the largest amount of new assets among new ETF providers in 2015 during the first nine months of this year.
Three new Pacer ETFs, which are distributed by Pacer Financial Inc., were valued at a combined $421.3 million as of Sept. 29, according to London-based independent research and consulting firm, ETFGI.* “Powered by Wilshire” provides Pacer with an independent, 3rd party, implemented solution that delivers historical index data to support marketing efforts, as well as ongoing calculations.
“We would like to congratulate Pacer ETFs for its impressive performance,” said Robert J. Waid, managing director, Wilshire Associates. “Pacer ETFs are an example of a symbiotic fit for our ‘Powered by Wilshire’ solution, and we look forward to continuing to support the ‘power’ these ETFs have clearly demonstrated thus far this year.”
“We are very excited about Pacer ETFs ranking and would like to thank Wilshire for designing a solution that fuels innovation,” said Sean O’Hara, director at Pacer Financial. “‘Powered by Wilshire’ has truly empowered us to deliver a high quality product that leverages Wilshire’s more than four decades of index experience.”
*Ranking and asset values according to ETFGI’s review of new ETF/ETP launches by new ETF/ETP providers in the United States (data as of 09/30/2015).
About Wilshire Associates
Wilshire Associates, a leading global, independent investment consulting and services firm, provides consulting services, analytics solutions and customized investment products to plan sponsors, investment managers and financial intermediaries. Its business units include Wilshire Analytics, Wilshire Consulting, Wilshire Funds Management and Wilshire Private Markets.
The firm was founded in 1972, providing revolutionary technology and acting as an early innovator in the application of investment analytics and research to investment managers in the institutional marketplace. Wilshire also is credited with helping to develop the field of quantitative investment analysis that uses mathematical tools to analyze market risks. All other business units evolved from Wilshire’s strong analytics foundation. Wilshire developed the Wilshire 5000 Total Market Index℠ and became an early innovator in creating the industry’s integrated asset/liability analysis/simulation models as well as the industry’s practical models in risk budgeting through beta and active risk analysis. Wilshire has grown to a firm of more than 300 employees serving the investment needs of institutional clients around the world.
Based in Santa Monica, California, Wilshire serves in excess of 500 clients across 20 countries with combined assets exceeding $8 trillion.** With eleven offices on four continents, Wilshire Associates and its affiliates are dedicated to providing clients with the highest quality counsel, products and services. Wilshire® and Trust Universe Comparison Service®, TUCS® are registered service marks of Wilshire Associates Incorporated. Wilshire 5000 Total Market Index℠ and Wilshire 4500 Completion Index℠ are service marks of Wilshire Associates Incorporated.
**Client assets are as represented by Pensions and Investments, detailed in P&I’s “Largest Retirement Funds” and P&I’s “Largest Money Managers (U.S. institutional tax-exempt assets)” as of 9/30/14 and 12/31/14, and published 2/9/15 and 5/18/15, respectively.
About Pacer Financial
Pacer Financial works with financial service companies/distribution partners and financial advisors to help grow businesses. With over 100 years of combined experience among key executives, Pacer has extensive knowledge and relationships. Pacer’s entrepreneurial culture and national sales and marketing teams allow the firm to get to the market quickly and adapt to change in the industry.