Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Motley Fool Calls iShares a Gold Mine Not Rated 5.0 Email Routing List Email & Route  Print Print
Thursday, October 17, 2013

Motley Fool Calls iShares a Gold Mine

News summary by MFWire's editors

Let's hear it for the ETFs. They may be low fee, but they rake it big bucks for their firms thanks to the tonnage.

For example, BlackRock's iShares generated about $727 million in fees from about $872 billion of assets, reports the Motley Fool.

Fool writer Jordan Wathen had this to say on the subject:

Now more than ever, BlackRock is showing that it has the capacity to build a wide moat around what is, to some extent, a commodity business. BlackRock's fast-growing iShares business is central to its ability to grow going forward, with management proudly announcing that it is building out the largest sales team and new platforms to capture a greater percentage of market share on the conference call.

A key element of this strategy, Wathen notes, has been BlackRock's portfolio construction operation. Building client-friendly portfolios helps lure more advisors to the iShares brand, he writes, also help the company attract retail clients to the firm's active funds.

BlackRcok's stellar earnings also caught the attention of Bloomberg

Edited by: Tommy Fernandez


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use