Tags: Fink | BlackRock | ETF | funds

Laurence Fink: BlackRock Has Drawn $6 Billion Into ETFs in July

Laurence D. Fink, chief executive officer of BlackRock Inc., said the world’s largest asset manager attracted $6 billion in new money into its exchange-traded funds (ETFs) so far this month.

Deposits into ETFs are running at about the same rate as last year when excluding June, Fink said Thursday in an interview.

The New York-based firm is seeing no change in the way institutional investors behave, he said.

© Copyright 2015 Bloomberg News. All rights reserved.

1Like our page
2Share
InvestingAnalysis
Laurence D. Fink, chief executive officer of BlackRock Inc., said the world’s largest asset manager attracted $6 billion in new money into its exchange-traded funds (ETFs) so far this month.
Fink,BlackRock,ETF,funds
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved