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iShares' transition to New Owner BlackRock |
HenryTo
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Joined: 06 Aug 2004
Posts: 11254
Location: Los Angeles, California
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 Posted: Thu Jun 25, 2009 1:01 am Post subject: iShares' transition to New Owner BlackRock |
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Morningstar's take:
http://news.morningstar.com/articlenet/article.aspx?id=296141
| Quote: | | The first question to answer for ETF investors is, "How will this affect any iShares ETFs that I own?" We think that this will have no effect on the ETFs currently supported by iShares. IShares creates, markets, and administers the funds upon their release, but it is not the market maker or clearinghouse for these ETFs. That happens on the exchanges. Overall, we always felt that iShares operated as a fairly autonomous group within the Barclays umbrella, and it is our belief that it will continue to do so under the BlackRock organization. |
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iShares' transition to New Owner BlackRock Replies |
rffrydr
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Joined: 30 Oct 2005
Posts: 16435
Location: Sunny California
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| Posted: Sat Jun 27, 2009 10:28 pm Post subject: |
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And where it all came from? Right-O on that one, editor-in-chief --cept, for the happy ending. --And that the trade was most obvious: short BARC.
http://www.marketthoughts.com/forum/viewtopic,t,3242.html#9296
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