1. BlackRock, State Street Move on Invesco's $379 Billion Nasdaq 100 ETF Empire
A direct assault is underway on one of the most lucrative franchises in finance. BlackRock and State Street Global Advisors, the titans of the ETF industry, are now targeting Invesco Ltd.'s dominant grip on the Nasdaq 100 index, a cornerstone of tech investing that holds nearly $379 billion in assets. This is not a spe...