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BlackRock (BLK) Is Defending Its ETF Position With Five New Share Classes
BlackRock (NYSE:BLK) faces fresh competition as major European banks roll out new ETFs aimed at German pension reform inflows. Several large euro area lenders are packaging in house ETFs to attract retirement assets tied to Germany's updated savings framework. BlackRock has filed in the US to add ETF share classes to five active mutual funds, broadening how those products can be accessed. The push by European banks into German pension focused ETFs and BlackRock's new ETF share classes should...
BlackRock (NYSE:BLK) faces fresh competition as major European banks roll out new ETFs aimed at German pension reform inflows. Several large euro area lenders are packaging in house ETFs to attract retirement assets tied to Germany's updated savings framework. BlackRock has filed in the US to add ETF share classes to five active mutual funds, broadening how those products can be accessed. The push by European banks into German pension focused ETFs and BlackRock's new ETF share classes should...
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