Update: iShares Will Not Raise Fees on 40 ETFs
December 31, 2012 at 22:03 PM EST
Contrary to press reports published over the past two days, BlackRock's (NYSE: BLK ) iShares unit, the world's largest ETF sponsor, will not raise fees on 40 of its ETFs tracking global markets. Initial reports said iShares would raise fees on some of its most popular global ETFs, including