In the Margins

BlackRock's Kapito: ETFs are 'a better mousetrap'

December 9, 2015

By Bloomberg

BlackRock President Robert Kapito said at an investment conference Tuesday that the exchange-traded funds market will double in the next three to four years. “ETFs are just a better mousetrap than a mutual fund,” Kapito said. “Every day people are coming up with new uses for them.” Read the original story from Bloomberg.