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ETF Panel Gets Heated Over Question Of Who Really Runs Your Fund

TedTed
in The Bullpen
FYI: Who runs that ETF you just bought? Take a close look -- it may not be who you think.

Though exchange-traded funds may have well known brands like Vanguard Group or BlackRock Inc.’s iShares in their names, the less spoken reality is that often an indexer created the portfolio and controls it.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-11-29/etf-panel-gets-heated-over-question-of-who-really-runs-your-fund
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