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BlackRock wades into ETF price war as popularity soars

Posted on 03 June 2014

BlackRock, the world’s biggest asset manager, slashed the prices of some of its exchange traded funds (ETFs) on Monday to compete in a European price war as the products become increasingly popular with retail investors in the region.
BlackRock, which manages over $4.4 trillion in assets, launched a package of 14 ETFs in Europe on Monday, cutting the price of six in the range by as much as 58 percent………………………………………..Full Article: Source


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