BlackRock CEO Upbeat On The Future Of The ETF Business – ValueWalk Premium
Blackrock
18Jul2013

BlackRock CEO Upbeat On The Future Of The ETF Business

“We are in a secular bull market for ETFs,” BlackRock, Inc. (NYSE:BLK) CEO Larry Fink said during the company’s second-quarter earnings call Thursday.

BlackRock iShares ETFs outflows

BlackRock, Inc. (NYSE:BLK) saw net outflows in its iShares ETFs in the second quarter as investors sold fixed-income and alternatives products on worries the Federal Reserve would taper its bond purchases. However, iShares flows have rebounded . . .

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