is getting inroads on that part of the market a trade pub calls the “single most important plot of land in the industry.”
] has gained positive feedback for its fee cut, according to the Financial Times
] 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.
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