iShares Deal, “A Game Changer”

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June 26, 2009 12:30pm ETF BASIC NEWS

robertkapitoRobert Kapito, President of Blackrock spoke with CNBC today about the recent iShares deal. He was questioned about the “Too big to fail” theory, and how it applies to asset managers as well as the collision of active trading to passive ETF trading. Within the interview he stated that clients are looking to invest with companies that have financial


 stability. Within those companies investors would like options, and the addition of iShares brings his clients ETF’s which they did not have.


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