BlackRock said it was sticking with MSCI indexes on its iShares family of funds
from the MSCI press release today:
"Still, BlackRock, which has been losing ETF market share to Vanguard for several years, said it was sticking with MSCI indexes on its iShares family of funds.
'MSCI is the gold standard of global and international equity indexes - the near-universal choice of professional investors.' Mark Wiedman, global head of iShares, said in a statement. ' We plan to deepen our partnership with MSCI to help deliver the highest quality products and portfolio construction to our clients.' "
BlackRock and all others sticking to MSCI bottom line. Down 30% in one day is an overreaction and will provide investors with an extreme opportune time to scoop up MSCI on the dirt cheap.