State Street’s Opportunity

Friday’s Wall Street Journal did a big story about how the inventor of the ETF product, State Street’s SPDRs unit, has seen its market share fall as Vanguard and BlackRock’s iShares have gobbled their way up to the top. State Street launched the first ETF 25 years ago and dominated the market for a decade. Today, its slice of U.S. ETF assets is just 17.3%—down from 49% 15 years ago. More worrying for ...

source http://thereformedbroker.com/2018/07/29/state-streets-opportunity/