Barclays Global Investors is ceasing its role as a sub-advisor to two small index funds, the $10 million E-Trade Technology Index fund and the $18 million USAA Global Titans Index fund, Reuters reports. In addition, the firm plans to back off of at least two other funds, Barclays spokeswoman Christine Hudacko told Reuters.

"When we began the relationship with [ E-Trade and USAA], both of [the firms] had the intention that assets would grow, but it just didn’t materialize," Hudacko told Reuters. "It just wasn’t economically feasible."

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