But it’s not size that matters to Fink, as you read in the above quote, it’s respect.
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ETFs for the Betterment of the ETF Industry
But with innovation and excitement and enthusiasm comes sloppiness and reaching. And so it is nice to see one of the largest players in the industry advocating for a set of standards…
Hot Links: Fate of the Union
Some links…
The Biggest Foreclosure In History
The $5.4 billion purchase of New York City’s last affordable neighborhood just went bust. An amazing story that is a metaphor for the real estate boom and bust cycle writ large.