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Royal Bank Of Canada Deal With BlackRock Gives It ETF Heft Without Much Cost

TedTed
in The Bullpen
FYI: Royal Bank of Canada is vaulting into the No. 1 spot in Canada's rapidly expanding ETF market without much added cost with its new partnership with BlackRock Inc.

Royal Bank's RBC Global Asset Management division and BlackRock's Canadian asset manager are bringing together their Canadian exchange-traded funds under a new name, RBC iShares, creating a C$60 billion ($45 billion) brand for the index-based investments.
Regards,
Ted
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