Tuesday 23 October 2018
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cnbc.com
3 months ago

JP Morgan snares massive inflows into its cheap ETFs putting rivals on high alert

JP Morgan s new series of low-cost, plain vanilla ETFs has seen a surge in assets, sending a message to ETF giants like Vanguard and iShares that a Wall Street bank can make a dent in the deepening war for the fee-conscious investor.

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