iShares Raising Fees on 40 ETFs
December 31, 2012 at 15:31 PM EST
BlackRock's (NYSE: BLK ) iShares unit, the world's largest ETF sponsor, will raise fees on 40 of its ETFs effective January 1. The news stands as a stark contrast to the recent trend in the ETF industry that has seen major ETF issuers such as Charles Schwab (NYSE: