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Cheap ETFs Are Hot, But BlackRock’s Premium Funds Pay the Bills

https://www.bloomberg.com/news/articles/2019-05-07/cheap-etfs-are-hot-but-blackrock-s-premium-funds-pay-the-bills

Cheap ETFs Are Hot, But BlackRock’s Premium Funds Pay the Bills

The world’s largest money manager gets almost half its ETF revenue from higher-cost products aimed at pros.
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