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Reuters reveals BlackRock plans first China ETF product this year

April 13, 2022
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Business & FinanceDeals

13 April 2022, 3:37 am. 1 minute

Reuters exclusively reported BlackRock plans to launch its first product in China’s $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring staff accordingly. The world’s largest money manager, which thrives on the rise of passive investing with 70% of its $10 trillion global portfolio in ETFs and index funds, will be the first wholly owned foreign fund manager to tap the onshore Chinese ETF market.

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Topics of Interest: Business & FinanceDeals

Type: Reuters Best

Sectors: Business & FinanceFinancial Services

Regions: AsiaNorth America

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story



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