Acadian Asset Management tops the list of frontier equity managers of U.S. institutional, tax-exempt assets, managing $266 million as of Dec. 31.
Morgan Stanley, Aberdeen Asset Management and Northern Trust followed with $245 million, $228 million and $190 million, respectively.
Only seven managers indicated they managed more than $100 million in frontier equity assets for U.S. institutional tax-exempt clients as of Dec. 31.
