INDIA - Goldman Sachs Asset Management has acquired India's largest ETF provider Benchmark Asset Management and announced plans to bring actively managed funds onshore.
In a statement today, GSAM said the acquisition should close by year end, but did not release the terms of the deal. Benchmark has $700m in assets under management. Sanjiv Shah, executive director and...
The government is set to remove stamp duty charges on purchases of shares in Exchange Traded Funds (ETFs).
Andrew Short investigates the reluctance of UK schemes to share other nations' enthusiasm for exchange-traded funds.
David Bower, head of UK iShares, lays out six questions investors should ask managers and consultants about ETFs.
EUROPE - iShares has launched a Europe-wide initiative to help professional investors identify structural risks and carry out due diligence on ETPs.
US - The growth of the US ETF market is likely to be driven by active ETFs as a number of potential new issuers are seeking to list them, according to the New York Stock Exchange.