] strong third quarter earnings and its price competition with Vanguard
are attracting media attention.
The New York City-based mutual fund and ETF shop released
its Q3 earnings Wednesday. The world's largest asset manager soundly beat analysts' expectations, thanks in part to $25.2 billion in net iShares
] inflows. Bloomberg
and the New York Times
both covered the results. The Times
in particular highlighted the success of iShares last quarter.
Also, as noted
yesterday by MFWire
, BlackRock CEO Larry Fink
used his Q3 earnings call to attack the idea of the so-called ETF fee war between his iShares unit and rivals like Vanguard and Schwab. MFWire linked
to multiple articles on Fink's remarks, from the likes of the Financial Times
and the Wall Street Journal
Neil Anderson, Managing Editor
Stay ahead of the news ... Sign up for our email alerts now