Wednesday, June 3, 2020

Investors flock to BlackRock funds after they win Federal Reserve contract

https://www.ft.com/content/7091a2a5-7eef-4c78-8331-9fd986925f8a

 

They have gained an absolutely monstrous advantage over rivals like Vanguard since becoming the manager of Federal Reserve purchases of corporate bonds and ETFs comprised of bonds.

 

Charlie Cooper

 

 

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