FYI: Hammered by fee wars at home, fund managers including BlackRock Inc., Invesco Ltd. and Eaton Vance Corp. are bringing the battleground to Europe.
The firms are seeking to gain in a region that’s flush with $2.5 trillion in pension savings and poised for a surge in exchange-traded fund issuance. Managers on the continent are also struggling to adapt to revised MiFID regulations and dealing with the uncertainty of the U.K.’s exit from the European Union.
Regards,
Ted
http://www.fa-mag.com/news/etf-giants-turn-from-u-s--fee-wars-to-europe-s-cash-trove-34432.html?print
