MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, March 14, 2013 The Growing Fido-BlackRock Alliance Catches the Attention of the Press The expanded ETF partnership between Fidelity [profile] and BlackRock [profile] is sending ripples around the financial press. Yesterday, Fido announced that it was increasing the number of iShares ETFs that can be traded commission-free on Fidelity.com from 30 to 65. The new garnered the attention of a plethora of news outlets, including Barron's, which posited that Fido is aiming to set its own future in the space, and the Wall Street Journal, which speculated that this was a sign Fido might not launch its own ETFs anytime soon. Meanwhile, IndexUniverse theorized that the move allows Fido to leverage its distribution strengths. RIABiz analyzes the significance of this move with relationship to competition from Charles Schwab. A number of MarketWatch stories explore various angles of the expanded relationship. One such story analyzes the potential ramifications towards retirement plans. Another wonders whether the relationship could go deeper. Other trade publications that scrutinized the move include AdvisorOne; RTTNews; the Financial Times; Financial Advisor; the News Tribune; the Global Post; InvestmentNews; P&I; ETFDailyNews and ETF Trends. Printed from: MFWire.com/story.asp?s=43285 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |