BlackRock has cut fees on its FTSE 100 ETF to just 0.07% as the price war among passive product providers continues.
ETF provider iShares has temporarily cut fees on its ultra-short bond range in response to client demand for cash alternatives.
Beware currency wars in 2015
European exchange traded funds (ETFs) have enjoyed a record year for net inflows, taking in $56.2bn by the end of October, according to consultancy ETFGI.
Passive fund providers are under renewed pressure to reduce the cost of investing in their funds, following a move by Fidelity Worldwide Investments to cut fees on its index tracker range.
City Financial's Mark Harris has increased exposure to India following the election, despite concerns over the prospects for emerging markets if developed economies continue to wind up stimulus packages.
BlackRock has launched two iShares exchange-traded funds to target emerging market consumption and US dividends, following fee cuts on its revamped 'Core' range last week.
UBS is formally reducing securities lending on its ETF funds to 50%, following in the footsteps of ETF giant iShares.