Fink Says BlackRock Drew $6 Billion Into ETFs in July

(Corrects spelling of Fink’s name in first paragraph.)

Laurence D. Fink, chief executive officer of BlackRock Inc. (BLK), said the world’s largest asset manager attracted $6 billion in new money into its exchange-traded funds so far this month.

Deposits into ETFs are running at about the same rate as last year when excluding June, Fink said today in an interview. The New York-based firm is seeing no change in the way institutional investors behave, he said.

To contact the reporter on this story: Alexis Leondis in New York at aleondis@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.