BLK · News · 20261022N

Competition and Pricing Pressure

BlackRock, Inc. · 2026-10-22 · Importance 34 · Surprise 42

State Street and First Trust are pursuing regulatory steps to list international-index ETFs on the Tel Aviv Stock Exchange. Their expected entry would increase competition with BlackRock and Invesco in Israel’s ETF market and could pressure management fees. The initiative targets Israel’s growing individual-investor base seeking global market exposure through domestic accounts.

Key facts

• BlackRock, Inc. is the reporting entity for Symrise AG and touched the reporting threshold on October 16, 2026, with a total voting rights share of 9.40%, up from 9.26%. source