Fidelity’s New ETFs Put Vanguard on Notice
October 24, 2013 at 11:44 AM EDT
Mutual fund giant Fidelity made its first sizable foray into the exchange traded products industry today with the debut of 10 sector ETFs. BlackRock (NYSE: BLK), the largest U.S. asset manager, is the sub-advisor for the Fidelity sector ETFs. Fidelity and iShares already have a partnership that...