Fidelity Investments and BlackRock Inc. announced a strategic alliance to increase access to a broad selection of passive exchange-traded fund (ETF) solutions.
Institutional market influence was most prominent within the equity exchange-traded fund (ETF) space in 2012, according to Strategic Insight, an Asset International company.
January mutual fund flows of $86.6 billion were record-breaking, and exchange-traded fund (ETF) assets reached a new high of $1.4 trillion at the end of the month.
The U.S. mutual fund industry (open- and closed-end funds, and exchange-traded funds) is set to surpass $15 trillion in assets in February, according to Strategic Insight.
Schwab ETF OneSource was launched by Charles Schwab, with access to the highest number of commission-free exchange-traded funds (ETFs) in the industry.
Stock and bond mutual fund net inflows reached and possibly exceeded $90 billion during January, excluding additional inflows to exchange-traded funds (ETFs).