BlackRock, Inc. (NYSE:BLK) caused quite a stir in the ETF world at the end of June after iShares chief Mark Wiedman questioned the very nature of ETFs in an open letter to ETF investors. According to the Insight column on Euromoney.com, the firm has come out to clarify those comments.
![BlackRock Clarifies ETFs Remarks BlackRock Clarifies ETFs Remarks](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%200%200'%3E%3C/svg%3E)
ETFs are a tricky business. The instruments are new and their effects are not fully understood. Comments fawning over the impressive liquidity of the products, and using that characteristic to argue...
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
Don’t have an account?
Subscribe now and get 7 days free!