BlackRock Flips $3 Billion of Rieder’s Mutual Funds Into ETFs

BlackRock Flips $3 Billion of Rieder’s Mutual Funds Into ETFs

BlackRock Inc. is converting two mutual funds — managed by Chief Investment Officer of global fixed income Rick Rieder — into ETFs to better fit the strategies into the firm’s booming model-portfolio ecosystem....

Redirecting to full article...