Giant asset manager in clover during horrible Q4 2018

EFTs experienced headwind during the market turmoil which dominated the last quarter of 2018

Matti Tammi, Nordic head of iShares at BlackRock | Photo: iShares

While the financial markets took a plunge in the last quarter of 2018, sentiment at US-based iShares was on the rise. iShares is part of BlackRock and the world's largest provider of Exchange Traded Funds (ETFs), and they managed to bolster their position while equity prices took a nosedive.

BlackRock has specialized in launching over 800 different ETFs under the iShares brand that manages passive portfolios in various indices wrapped as listed funds.

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