Larry Fink is confident about the asset manager's equity ETFs, which saw strong inflows, ETF Trends' John Spence wrote. Though the iShares business saw net outflows of $963 million in the second quarter, which wasn't helped by redemptions in the fixed-income and alternative markets, equity ETF flows came in at $2.7 billion.

Remarking on the change, the BlackRock [profile] CEO said, "We are in a secular market for ETFs," during the company's earnings call on Thursday.

Although iShares has seen outflows of more than $6 billion in the second quarter, Fink said iShares has the same rate of growth as in 2012, Spence writes.

To read more, click here.  

Edited by: Casey Quinlan


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