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Are ETFs Driving Your Stock and the Market?
Investing giant Blackrock is a top holder of most stocks and manages $5.7 trillion. Its net income margin of 40% (full-year 2017) is better than Microsoft's. Along with compatriots Vanguard and State Street, these Big Three passive managers oversee some $14 trillion of global assets and over 70% of all Exchange Traded Funds investment - 75% of which is in the US market. Is your mind boggled by figures? We must only figure out one thing: What impact are these ... read more
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