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 |
|
Tuesday, July 9, 2013 Will BlackRock Deal Drive Down ETF Costs? BlackRock's[profile]' largess just got larger now that it has $18 billion worth of Credit Suisse's 58 ETF assets, emphasizing its leadership in Europe's ETF industry, The Motley Fool's Nicole Seghetti wrote. BlackRock's iShares ETF hold 40 percent of the market share, coming in first place before State Street's SPDR ETF business which holds 23 percent. This will benefit investors, as competition becomes more intense and open up more commission-free ETF platforms. Seghetti pointed to Charles Schwab's OneSource program, which offers 100 commission-free ETFs and brought in $12 billion in assets since its launch. To read more, clickhere. Printed from: MFWire.com/story.asp?s=44805 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |