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Friday, July 20, 2012

Guggenheim Focuses On ETFs

News summary by MFWire's editors

Guggenheim Investments [profile] just restructured its sales team to focus on ETFs, reports Reuters.

Anthony Davidow, managing director and portfolio strategist, said the former structure of the firm often meant that a number of sales representatives were getting in touch with the same client.

The firm will manage an ETF team that will prioritize ETF portfolio managers and institutional clients.

"We want (ETFs) to be a bigger part of the business," Davidow said.

The firm also created an ETF specialist team that will support sales reps and clients. 

Edited by: HFD


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