| World’s largest fund manager cuts fees to attract more interest from US pension advisers. The cut-throat price war between exchange traded fund providers in the US escalated on Wednesday after BlackRock fired another broadside at rival managers by reducing fees across its core iShares ETF range.
The world’s largest fund manager cut expense ratios on 15 US-listed iShares ETFs by up to 5 basis points, reducing annual fees to between 4 and 14bp from a previous range of 7 to 16bp........................................Full Article: Source
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