There's an ETF price war in the U.K. too

• BlackRock (NYSE:BLK) slashes the cost of its iShares FTSE 100 UCITS ETF - the first ETF to launch on the LSE and with £3.8B AUM - to just 0.07% from 0.40. Similar funds from Vanguard and Deutsche Bank charge 0.09%.
• This fund pays a dividend, and has a brother fund which reinvests payouts. BlackRock is cutting the price on that one as well.
• "It really doesn't leave much more room to fall, but I don't think the price war has ended," says Adam Laird, head of ETFs at Hargreaves Lansdown, noting mainstream U.S. ETFs can be found with fees as low as 0.03%.
• The next round of sizable U.K price cuts, suggests Laird, could be niche markets, like emerging markets, where fees at the moment are in the 0.4% to 0.6% range.