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Investment

En garde: New fund eyes Vanguard, Betashares' turf

Vanguard, Betashares, and BlackRock have an iron grip over the ETF industry, commanding the lion's share of funds under management (FUM) - thanks largely to their flagship core, low-cost equity exposures. However, Financial Standard understands that Global X may plan to challenge the incumbents where they're arguably strongest.

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Read more: ETFGlobal XVanguardBetasharesBlackRockMarc JocumASICVAS