The BlackRock iShares [profile] team just updated their Connect service, which links U.S. financial advisors to specialist ETF investment strategists (EIS). Chris Flood of the Financial Times reported on the news.

Katharine Earhart, head of the Connect program, told the FT:

“We are seeing advisers striking partnerships with ETF investment strategists and offering clients institutional quality portfolios that were previously too expensive and impractical for retail investors to own.”

The firm started to track the EIS sector 2008. At the time, iShares executives discovered 25 managers with a total of $5.8 billion in assets under management. 

Edited by: HFD


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE