Passive vs. Active

One move that put Blackrock over the top in terms of its assets under management was his purchase of Barclays IShares division. IShares years is a major player in the ETF market, not only in the United States, but also Europe. Currently, the IShares division has over $2.6 trillion under management. ETF’s claim to fame is that they are a passive investment which generates lower fees than actively managed mutual funds which need to cover expensive research and trading teams. But, let it be know...