
3 MARCH 2026
Where global economies sit in the AI stack
AI leadership isn’t one race. From chips and power to models and industrial deployment, global countries are positioned to capture unique value in different layers of the AI stack.
Helping investors remain positioned for long-term success -- in any environment.
Our ETF industry veterans have built an in-house platform with AUM totaling over $45B globally.
Our ETFs bring together a collection of 11 independent Specialist Investment Managers (SIMs).
Spanning all asset class and offered across both index and active management styles, we're prepared for whatever the market brings.
Through our specialist investment managers, we provide niche capabilities backed by the scale and resources of a large company.
We strive to deliver alpha in every aspect of our business, from generating consistent investment performance, to promoting sustainable business practices, to delivering successful long-term outcomes. We believe investing to make an impact can be achieved through integrating ESG factors into the stock selection process.

Pioneers in small-cap since 1972, we specialize in actively managed strategies that invest in the broad and diverse small-cap universe with unparalleled knowledge and experience gained through more than five decades of investing.
Since 1971, Western Asset has managed risk and sought value in fixed income through multiple business cycles and economic environments. As one of the world’s largest and leading fixed-income managers, we dedicate all resources to active fixed income, seeking to provide superior investment capabilities and service to clients.
All amounts shown are in USD. Data as of 31 July 2025.
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