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Global ETF leaders push for reform

The world's largest exchange traded product issuers have partnered to petition for classification reform, in a move which BlackRock head of iShares Australasia Christian Obrist said would help to improve transparency for investors.

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Read more: iSharesBlackRockChristian ObristETPASICCharles SchwabFidelity InvestmentsInvescoState Street Global AdvisorsVanguard