This is how BlackRock
will take over the world. Bloomberg reports
that the asset goliath is targeting speciality competitors by offering similar products for free
for a year. This follows BlackRock's grand campaign last year to gather assets by growing a humungous team of well-trained ETF strategists to help advisors figure out how to use the things in their portfolios. MFWire
recently learned that's just the beginning. A number of teams at iShares continue to grow, aggressively, and they are targeting new areas you probably never thought of. Stay tuned.
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