BlackRock is planning to offer local exchange-traded funds in Colombia and Chile, Bloomberg reports. The locally-listed, peso-denominated ETFs for Chile will be launched by the first half of 2010.
BlackRock’s iShares business is in talks with the Colombian stock exchange to list local equity ETFs. BlackRock has about $40 billion assets under management in Latin America, Spain and Portugal, including $25 billion in iShares ETFs.
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