Legal & General Investment Management (LGIM) has bought the ETF Canvas platform from ETF Securities, with plans to develop a broad range of strategies for the European market.
The acquisition includes $2.7bn AUM and 17 products across equity, fixed income and commodities, while the UK and Ireland-based platform is listed on multiple stock exchanges and licensed for distribution...
Raised over £167,000
Luxembourg to become head office for EU business
Net issuance reached $473bn in 2017
As a result of changing environment
Created following FCA probe