EUROPE - Standard & Poor's (S&P) and Crédit Lyonnais Asset Management (CLAM), a subsidiary of Crédit Lyonnais Group, have formed an alliance under which CLAM will distribute exchange traded funds (ETF) in Europe.
The funds, Standard & Poor’s Depositary Receipts (SPDR), will be indexed on and track the S&P Europe 350 and S&P Euro indices and their sub-components for geographical, sectors and styles indices. ...
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