1. BlackRock Targets Invesco's $374 Billion Nasdaq 100 ETF Empire in Major Market Assault
BlackRock Inc., the world's largest asset manager, is mounting a direct challenge to Invesco Ltd.'s long-held dominance over a critical segment of the $13.7 trillion US ETF market. The target is the lucrative business of tracking the Nasdaq 100 Index, a crown jewel currently generating billions in fees for Invesco thro...