WisdomTree Investments, the US-based passive asset manager and sponsor of exchange-traded funds (ETFs) and other exchange-traded products (ETPs) with $48.4 billion of funds under management, is seeking regulatory approvals for the agreed acquisition of ETF Securities’ European exchange-traded commodity, currency and short-and-leveraged business, which has $17.6 billion of assets under management.
|
Acquisition creates largest independent global |
World’s largest providers by AuM ($bn) |
|
|
|
Source: WisdomTree |
If the deal is approved before the end of the year, WisdomTree, which only launched into ETF management in 2006, will become the world’s ninth-largest sponsor of ETPs and the world’s biggest independent specialist.
Thanks for your interest in Euromoney!
To unlock this article, enter your e-mail to log in or enquire about access:
