BlackRock Flips $3 Billion of Rieder’s Mutual Funds Into ETFs

BlackRock Inc. is converting two mutual funds — managed by Chief Investment Officer of global fixed income Rick Rieder — into ETFs to better fit the strategies into the firm’s booming model-portfolio ecosystem.

Sep 15, 2025 - 14:00
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BlackRock Flips $3 Billion of Rieder’s Mutual Funds Into ETFs
BlackRock Inc. is converting two mutual funds — managed by Chief Investment Officer of global fixed income Rick Rieder — into ETFs to better fit the strategies into the firm’s booming model-portfolio ecosystem.

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