04:15 PM EDT, 05/17/2013 (MidnightTrader) -- According to Alliance Bernstein (AB), the asset management industry remains fragmented as compared with other financial services industries. Bernstein estimates that the top 20 asset managers comprise ...
BlackRock, Inc. (NYSE: BLK) previously announced in a public filing on
April 26, 2013, that its iShares Exchange Traded Funds (ETFs) business,
the world's largest manager of ETFs, plans to liquidate and close the
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