BlackRock Cuts Fees, Rolls Out Self-Indexed Bond ETFs

BlackRock Inc., the world’s largest asset manager, on Thursday launched four bond exchange-traded funds and cut fees on another in an effort to lure more investors to its products from traditional debt markets.

The moves come as BlackRock estimates bond ETFs attracted $84 billion so far in 2017, a record for the first-half of the year, and the company establishes a new business line building its own indexes.
Source: FA Magazine

Posted in Recent Posts.