The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Industry Gives Kudos to Fink's Fee Cuts Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, November 07, 2012

Industry Gives Kudos to Fink's Fee Cuts

News summary by MFWire's editors

Larry Fink is getting inroads on that part of the market a trade pub calls the “single most important plot of land in the industry.”

BlackRock [profile] has gained positive feedback for its fee cut, according to the Financial Times. Vanguard's [profile] move was met with less enthusiasm.

The iShares Core S&P 500 ETF was awarded as the best-selling US ETF in October, according to data from ETF Industry Association. The fund recorded $2 billion of inflows after the fee cut was announced. Its Vanguard competitor only attracted $227 million.

The iShares Fixed Income ETF has also attracted $224 million compared to its Vanguard rival, which reported $152 million of new money.

The inflows to iShares this year rose by a third to $61.2 billion.  

Edited by: HFD

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

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use