Lol, you are not part of the American institutional investor class. You invest through an American fund.
Those are not the same thing.
But even granting you this fantasy, it would still be in Europe’s best interest that European retail investors invest through European funds instead of American ones.
These institutional investors are literally made up of millions of people’s retirement funds. That’s what they are, the biggest ones anyway. If you hold their ETFs, you’re also part of it.
I’m not saying you or I hold any sway over them, I’m saying that’s where Blackrock’s huuuuge ass AUM is derived from.
Lol, you are not part of the American institutional investor class. You invest through an American fund.
Those are not the same thing.
But even granting you this fantasy, it would still be in Europe’s best interest that European retail investors invest through European funds instead of American ones.
These institutional investors are literally made up of millions of people’s retirement funds. That’s what they are, the biggest ones anyway. If you hold their ETFs, you’re also part of it.
I’m not saying you or I hold any sway over them, I’m saying that’s where Blackrock’s huuuuge ass AUM is derived from.