At BlackRock, Dip in 2016 Profit Reflects Shift to Lower-Cost Funds


By LANDON THOMAS Jr. from NYT Business Day http://ift.tt/2jEDw5W
via IFTTTInvestors continue to pour money into exchange-traded funds as they pull money out of traditional stock-picking mutual funds. January 13, 2017 at 12:00AM

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