BIG: “We really wanted to show our commitment by having that lower fee,” Allyson Wallace, global head of ETFs at Morgan Stanley. “The demand, especially from the high-net-worth investors, has been quite high. Viewed at the firm level, this is an asset class that is not going away.” -- Nice intv w/ Ally (ex BlackRock btw) and article on MSBT today from @isabelletanlee(Eric Balchunas)