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BlackRock Intends To Launch Factor-based Commodities Exchange-Traded Products
FYI BlackRock (NYSE: BLK) today announced the intention to expand its iShares suite of exchange-traded products (ETPs) to include factor-based commodity funds. Initially, iShares, a global leader in ETPs, intends to add two broad-based commodity ETPs with carry and multi-factor strategies. Consistent with BlackRock’s advocacy and leadership in developing a clear classification system for ETPs, BlackRock considers these products to be “Exchange Traded Commodities” (ETCs). Regards, Ted https://www.businesswire.com/news/home/20181102005352/en/BlackRock-Intends-Launch-Factor-based-Commodities-Exchange-Traded-Products
