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

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

Rating:Tony Rochte Triumphs Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, June 25, 2014

Tony Rochte Triumphs

News summary by MFWire's editors

Take that Lord Nelson.

It looks like the Boston Behemoth can handle itself in the ETF space despite entering it so late. Fidelity's ten sector ETFs, launched in October, have garnered $1 billion in AUM, reports Barron's, Bloomberg and Investment News.

Sector ETFs were long the territory of Vanguard and State Street.

Fido's awkwardness with ETFs changed when the Behemoth lured back Tony Rochte from State Street in March 2012 to SelectCo, Fido's ETF and speciality sector investments arm.

One of Rochte's accomplishments was shepherding these sector ETFs, powered by BlackRock.

The ETF territory promises more room to fight for in the near-future.

But win some, lose some. Vanguard recently beat Fido in DC I-O assets, albeit by a slender $1 billion. 

Edited by: Tommy Fernandez


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

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
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:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use