The world’s largest provider of exchange traded funds, BlackRock’s iShares unit, now wants to manage its own indexes, according to regulatory filings.
The move could mark a new direction for for iShares, which investment manager BlackRock agreed to purchase from Barclays about two years ago.
BlackRock could join other ETF providers such as WisdomTree, Van Eck Global, Claymoreand IndexIQ who have based ETF offerings on their own in-house indices, reports Oliver Ludwig for IndexUniverse.