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 BlackRock Keeps Bringing in ETF Dollars BlackRock is racking 'em up. The behemoth firm recently bought up billions of dollars more of its favorite product: ETFs. Its last big splurge was on Credit Suisse (CS), which it acquired earlier this month. The Motley Fool's Nicole Seghetti suggests that BlackRock clients will benefit from the deal, as they now have access to a big and varied European ETF offering, as well as beefs up BlackRock's stance as the leading asset manager in the European market. Furthermore, Seghetti says, the deal helps Credit Suisse's by falling in line with the firm's desire to streamline its business operations. And the more ETFs we have available to us, the cheaper they'll be, suggest Seghetti. In following that logic, go buy your ETFs, fundsters. Printed from: MFWire.com/story.asp?s=44808 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |