BlackRock Files to Expand ETF Offering With 13 Actively Managed Funds
BlackRock has filed with the Securities and Exchange Commission to offer 13 equity ETFs, Bloomberg reported Thursday. The actively-managed ETFs are designed to compete with stock-picking mutual funds.
BlackRock Seeks to Run ETFs Using Own Indexes
BlackRock, the world’s largest money manager, filed an application with the SEC for its iShares exchange-traded funds to follow its own indexes rather than those developed by third parties such as Standard & Poor’s.