RBC, BlackRock team up to offer ETFs under new, combined brand - News Summed Up

RBC, BlackRock team up to offer ETFs under new, combined brand


Royal Bank of Canada has teamed up with investment firm BlackRock Inc. to sell exchange traded funds under a new brand called RBC iShares. Royal Bank of Canada has teamed up with investment firm BlackRock Inc. to sell exchange traded funds under a new brand called RBC iShares. ( MARK LENNIHAN / THE ASSOCIATED PRESS )The RBC iShares suite consists of 150 ETFs, 106 of which managed by BlackRock Canada and 44 managed by RBC Global Asset Management Inc. There will be no change to the names or ticker symbols of RBC ETFs or BlackRock Canada’s iShares ETFs as a result of the alliance. Article Continued BelowThe two companies will offer a unified distribution support and service for RBC iShares, and say they will work together to enhance their offering over time.


Source: thestar January 08, 2019 21:33 UTC



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