BlackRock is considering its own line of exchange-traded funds. Robert Kapito, president, said that BlackRock is researching actively-managed ETFs but has not yet committed itself to the space. Kapito said that BlackRock will only consider active ETFs and is not interested in passive ETF strategies because the firm believes that active management benefits investors. Kapito did not discuss a time frame for a decision on active ETFs.
Kapito said the two biggest demands BlackRock is receiving from clients now are for investments in commodities and asset allocation because they do not understand either very well.
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