Thursday, 4 April 2013

iShares

A family of ETF, managed by BlackRock, a multinational investment management company based in USA. BlackRock is the world's largest asset management company.

iShares were first launched by Morgan Stanley, as WEBS, a series of ETFs that tracked its MSCI foreign stock market indices. These were the second ETFs to be traded in America and were launched in response to The Standards & Poor's Depository Receipts. (NYSE MKT: SPY) iShare fund tracks the 'bond' or 'stock market index' and is the largest issuer of ETFs, worldwide. iShare is listed by American Stock Exchange, New York Stock Exchange, London Stock Exchange, BATS Exchange, Toronto Stock Exchange, Hong Kong  Stock Exchange, Australian Securities Exchange and some other stock exchanges in Europe and Asia.

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