BlackRock Turns Popular Mutual Funds Into Global Equity ETFs
1. BlackRock launches two active ETFs: BDYN and BDVL. 2. Both ETFs enhance BlackRock's $50 billion Global Allocation platform. 3. BDYN aims to outperform MSCI World Index; BDVL focuses on risk-adjusted returns. 4. ETF trend shows asset managers shifting from mutual funds to ETFs. 5. Investors prefer ETFs for their flexibility and tax efficiency.