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ETF Securities (UK) Limited 3 Lombard Street EC3V 9AA London http://www.etfsecurities.com
Contact Ms Birgit Haisch +49 171 4527396
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ETF Securities (UK) Limited

ETF Securities to sell its European ETF platform to LGIM

(PresseBox) (London, )
ETF Securities Limited (ETF Securities) has agreed to sell its European Exchange Traded Fund platform, known as Canvas, to Legal & General Investment Management (Holdings) Limited (LGIM).

The ETF platform comprises an Irish-based UCITS fund and a UK-based investment manager and has $2.7* billion of AUM spread across 17 products. The Canvas team will be moving to LGIM.

The sale is subject to regulatory approval and is anticipated to close in Q1 2018.

Graham Tuckwell, Founder and Chairman of ETF Securities, says: “We have built the Canvas business from scratch to be Europe’s largest independent ETF provider and it is
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.