MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, July 31, 2009 An ETF Provider Changes Hands Claymore Group, the parent company of Claymore Investments, revealed Friday that it has entered into an agreement to merge with diversified services firm Guggenheim Partners. All of Claymore's associated entities will become subsidiaries of Guggenheim through the deal, and Claymore Investment's roughly $2.4 billion in assets will join Guggenheim's roughly $100 billion in assets under supervision. "This is a tremendous opportunity for Claymore and our clients," Claymore CEO David Hooten noted. "As part of a platform as strong and significant as Guggenheim Partners, we will be able to continue developing our unique investment products for financial advisors and retail investors." Printed from: MFWire.com/story.asp?s=22223 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |