Industry insiders curious about how
Schwab's ETF event went yesterday
(
see the MutualFundWire's article) will find no shortage of media coverage
about the Schwab-sponsored panel discussion, which brought together Schwabbies and bigwigs from
BlackRock's iShares,
State Street Global Advisors and
Invesco PowerShares on the same stage. Here's a roundup of some of the
media coverage:
Reuters was among the news organizations that
zeroed in on the commission-free angle. "There are no plans for any (commission fees)," Schwab senior vice president Peter Crawford told the
wire service. "This is not just a three or six month thing."
Financial-Planning had a similar angle.
Meanwhile, Schwab is the subject of today's
Wall Street Journal Fund Track, which carried
comments from Crawford. The pub reported that the firm's eight stock-based ETFs have grown 38 percent this year, with AUM of $1.5 billion. Schwab last week rolled out three bond ETFs.
InvestmentNews has an
article containing panelists' views on market orders.
For its part,
Investment Adviser noted that the panelists at the event were in agreement that the ETF machine is showing no signs of waning. 
Edited by:
Armie Margaret Lee
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