This chapter discusses the increasing share of the US ETF market by Vanguard over BlackRock. It highlights Vanguard's growth and BlackRock's decreasing market share, speculating on a potential inflection point. The chapter also explores the competition between the two companies and the strategies they employ.
Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Markets Reporter Katie Greifeld discuss why Vanguard is closer than ever to ending BlackRock’s ETF reign. Olivier Becht, French Minister for Foreign Trade and Economic Attractiveness, discusses trade relations between France and the US and the “Make it Iconic” campaign. Jason Urban, Global Head of Trading at Galaxy Digital, shares his outlook for the crypto market and Bitcoin in 2024. And we Drive to the Close with Sarah Ponczek, Financial Advisor at UBS Private Wealth Management.
Hosts: Tim Stenovec and Mike Regan. Producer: Paul Brennan.
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