Mark Wiedman

Senior MD & Head of Global Client Business, Blackrock

Search every verified Mark Wiedman interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In an October 2018 interview, Mark Wiedman, then global head of iShares at BlackRock, stated that ETFs act as "shock absorbers" and liquidity vehicles that allow buyers and sellers to find new prices during market stress. He said this conclusion is shared by the Financial Stability Board, the Bundesbank, and the SEC. Wiedman also discussed BlackRock's approach to ESG offerings, saying the firm charges "basically the same very low cost" for these products and that in emerging markets, an ESG-oriented portfolio "may actually outperform over the long haul." Wiedman said BlackRock has not entered the leveraged ETF business and that he does not expect a zero-fee ETF from the firm, as its revenue model is aligned with offering low-cost investing. He described the U.S. market offering at three basis points as "pretty much close to that asymptotic limit." Wiedman projected the ETF market would grow at 13 to 15 percent organically over the next five years, which he said would mean a doubling in size.