BlackRock is a manager of ETFs, almost all which involve passive investment funds. They’re not much different from Vanguard.
Now if you don’t know what this means, I’ll break it down for you: BlackRock doesn’t know what’s going on, their funds just follow preset rules for underlying assets.
And the reason they hold so many assets is because they’re passive in nature.
If anything Blackrock knows exactly where things are going. They hold enough assets to drive the market any direction they want.
BlackRock is a manager of ETFs, almost all which involve passive investment funds. They’re not much different from Vanguard.
Now if you don’t know what this means, I’ll break it down for you: BlackRock doesn’t know what’s going on, their funds just follow preset rules for underlying assets.
And the reason they hold so many assets is because they’re passive in nature.