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

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

Rating:Ex-iShares CEO Says Firm Needs More Competition Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, January 16, 2013

Ex-iShares CEO Says Firm Needs More Competition

News summary by MFWire's editors

iShares seems to be getting a lot of press lately. Two stories from IndexUniverse are especially worth noting.

In the first story, Lee Kranefuss, ex-CEO and architect of the iShares exchange-traded fund business, tells IndexUniverse.eu editor Paul Amery why his former firm needs more competition.

Kranefuss is now executive-in-residence at global private equity firm Warburg Pincus, where his role is to look for investment opportunities amidst consolidation in the ETF market.

For example, when it comes to European investors of ETFs, including those issued by U.S. sponsors, Kranefuss says that iShares is the largest player, three to four times bigger than its nearest competitors.

Meanwhile, in another article, IndexUniverse reports that iShares has revamped “ the way it goes about reporting expense ratios on its website for 42 ETFs in what appears to be an effort to provide investors with a more-up-to-date fee than the one that appears in each of the fund’s prospectuses.”

MFWire recently reported on iShares discovering a boom in ETF use by active managers as well as the firm’s three big goals for 2013.  

Edited by: Tommy Fernandez

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

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q4Q3Q2Q1
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