Legal and General IM acquires ETF platform Canvas
Legal & General Investment Management is to acquire ETF Securities’ European exchange-traded fund platform Canvas, which has $2.7bn (£20.5bn, €22.8bn) of assets under management.
Legal & General Investment Management is to acquire ETF Securities’ European exchange-traded fund platform Canvas, which has $2.7bn (£20.5bn, €22.8bn) of assets under management.
Asset managers around the world will be able to sell white-labelled ETFs in Europe when the former co-heads of exchange-traded fund provider WisdomTree Europe unveil what they claim is the continent’s first such platform.
UK-based ETF Securities has said it will focus on expanding its presence in Australia following the asset manager’s exit from Hong Kong earlier this year.
UK-based ETF Securities has decided not to renew its asset management licence in Hong Kong, following a number of high-profile delistings in city last year.
A group of exchange traded product providers has banded together to launch the ETF Forum, an initiative designed to improve advisers’ understanding of exchange-traded funds.
ETF Securities and Lombard Odier Investment Managers have jointly launched a range of ‘smart beta’ fixed income exchange-traded funds (ETFs) on the Italian stock market.
Lombard Odier Investment Managers has broadened the product range it offers through its partnership with ETF Securities by listing a GBP-hedged share class of its Global Corporate Bond Fundamental ETF on the London Stock Exchange.
ETF Securities has reported a three-fold increase in ‘retail’ investors looking to hedge their currency exposure since the start of the year.
The investment firm is collaborating with robotics and automation researcher ROBO-STOX to provide investors with easy access to the growing automated technology industry
According to the ETP provider, the new product will allow European investors access to the US energy space in a new way.
ETF Securities has appointed former iShares executive Philippe Roset as head of Benelux sales, a new role at the company.