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Tuesday, January 22, 2013|
iShares Pushes Alpha Solutions
In previous stories, MFWire reported on iShares insights on the growth of ETF use by active managers, as well as the BlackRock arm’s three main goals for 2013.
Now, we’re going to look at how iShares is pushing alpha from fund managers to asset allocators with one simple word: “solutions.”
The term refers to, in part, to the idea of model portfolios that BlackRock is creating for financial advisors that they can customize for their clients.
Daniel Gamba, head of iShares’ institutional business, says there is a big need for such products in the advisor space.
He describes the demand in this way:
There are a myriad of ETFs in the market. There are people trying to get help. “How do I use these ETFs?” We have created a unit that develops model portfolios for clients. What this unit is developing are outcome-orientated solutions that clients want to use. They could be products with different yield-levels, different maturities, and different risk profiles. We have been able to create a number of mixes that advisors can use for their clients.
Printed from: MFWire.com/story.asp?s=42776
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