BlackRock's Kapito Says ETFs Will Double in Three to Four Years

By
Charles Stein
  • Calls the product "a better mousetrap" than a mutual fund
  • Says investors continue to come up with new uses for ETFs

Robert Kapito, the president of BlackRock Inc., said the market for exchange-traded funds will double over the next three or four years.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.

Read this article on the Terminal Request a demo to learn more

You might like:
  1. Ivanka Trump Faces Courtroom Showdown Over $785 Sandals
  2. Uber Losing Battle in London After Regulator Revokes License
  3. Mercedes Plots Tesla Attack With $1 Billion U.S. Electric Push
  4. How Electric Cars Can Create the Biggest Disruption Since the iPhone
  5. Hewlett Packard Enterprise Is Said to Plan About 5,000 Job Cuts