Richer Get Richer in ETFs — Harder for New Entrants?
March 28, 2013 at 06:30 AM EDT
The exchange traded fund universe is quickly expanding and maturing, but the growth has largely benefited larger companies and could leave new, smaller players on shakier ground, according to Citigroup. Citigroup (NYSE: C) analyst William Katz says the new alliance between BlackRock and Fidelity...