State Street cuts ETF fees, ramping up race to zero
The company's announcement that it was slashing fees on two of its bond funds came just a day after BlackRock lowered fees on its lineup of style ETFs.
The race to the bottom continues as two of the largest ETF issuers slice what investors pay in the $6 trillion industry’s battle to manage the most cash.
Just a day after BlackRock Inc. announced Wednesday that it was cutting fees on $7.6 billion of its style exchange-traded funds, competitor S
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