Passivist, not pacifist

13 July 2017 By Tom Buerkle

The firm that disrupted stock pickers with low-cost funds tracking equity benchmarks wants to do the same to bond managers. Larry Fink’s shop will sell ETFs using its own fixed-income indexes and slash fees. For an industry with no top-line growth, casualties may be widespread.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)