Fee Cuts Spark Big Inflows to iShares ETFs
November 03, 2016 at 11:27 AM EDT
Last month BlackRock Inc. (NYSE: BLK), the world’s largest asset manager, reduced fees across its iShares Core exchange traded fund suite. The fee reductions beat or match the low expense ratios first established by Vanguard ETFs. Long-term investors will now enjoy the tax efficiency,...