Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • October 2007 (Revised November 2007)
  • Case
  • HBS Case Collection

Barclays Global Investors and Exchange Traded Funds

By: Luis M. Viceira and Alison Berkley Wagonfeld
  • Format:Print
  • | Pages:31
ShareBar

Abstract

Provides an overview of the Exchange Traded Funds (EFT) industry and highlights the leadership role that Barclays Global Investors (BGI) has played in this developing asset class. BGI launched its first ETFs under the iShares brand name in 2000, and by mid-2007 BGI was the global leader in the $600 billion ETF market. BGI's success had started attracting the interest of other large asset management firms, and Lee Kranefuss, CEO of BGI's iShares business was thinking about how BGI should compete in the increasingly crowded market. Should BGI expand into Europe and Asia more aggressively? Should BGI, already a large manager of 401(k) assets for corporations, pursue the 401(k) market with its iShares products? Would BGI need to cut its fees as other competitors such as Vanguard started marketing its "low-cost" ETF products?

Keywords

History; Venture Capital; Asset Management; Stocks; Investment Funds; Leading Change; Expansion; Competitive Strategy; Capital Markets; Global Strategy; Financial Strategy; Banking Industry; Financial Services Industry; Asia; Europe

Citation

Viceira, Luis M., and Alison Berkley Wagonfeld. "Barclays Global Investors and Exchange Traded Funds." Harvard Business School Case 208-033, October 2007. (Revised November 2007.)
  • Educators
  • Purchase

About The Author

Luis M. Viceira

Finance
→More Publications

More from the Authors

    • August 2022 (Revised August 2022)
    • Faculty Research

    Pershing Square’s Pandemic Trade

    By: Emil N. Siriwardane and Luis M. Viceira
    • August 2022
    • Faculty Research

    PE Secondaries: Blackstone Strategic Partners

    By: Victoria Ivashina and Luis M. Viceira
    • June 2022
    • Faculty Research

    Modern Endowment Management: Paula Volent and the Bowdoin Endowment

    By: Luis M. Viceira
More from the Authors
  • Pershing Square’s Pandemic Trade By: Emil N. Siriwardane and Luis M. Viceira
  • PE Secondaries: Blackstone Strategic Partners By: Victoria Ivashina and Luis M. Viceira
  • Modern Endowment Management: Paula Volent and the Bowdoin Endowment By: Luis M. Viceira
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College