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Fink Says BlackRock Drew $6 Billion Into ETFs in July

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

July 18 (Bloomberg) -- Laurence D. Fink, chief executive officer of BlackRock Inc., 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

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