State Street talks ETFs in the post-Blackrock/BGI world
The hope is that there will be a bigger pie of assets for everyone in the passive investment business.
Since its announcement, the Blackrock-BGI merger has been talked up as a deal that promises to change the landscape of the asset management world. Everyone involved in the fund management business has been busy assessing how much of a threat the new Blackrock/BGI entity will be, and the viability of their own business models in light of the new competitive landscape.
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