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 |
|
Wednesday, August 22, 2012 BlackRock Bucks the Trend Just this month, Scottrade announced that it's closing down the FocusShares ETF line, and Russell decided to close all 25 of its passively managed ETFs. But BlackRock [profile], already the ETF leader, just keeps churning out new products. On Monday, the firm filed for ten new ETFs in a range of sectors. And earlier this month, BlackRock introduced fourteen new iShares ETFs that replicate different the yields of different currencies, a move that was reported in the MFWire Stork & Reaper, a daily roundup of fund openings, closings and changes. The number of ETFs BlackRock offers is closing in on 300, far more than any other firm. The company did not respond to MFWire's requests for comment. The ETFs that were filed on Monday are: • iShares MSCI Emerging Markets Investable Market Index Fund Printed from: MFWire.com/story.asp?s=41016 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |