Deals and Transactions

Water running out of tap

ALPS ETF Trust to liquidate WCAT ETF

Fri, 20/04/2012 - 06:00
ALPS ETF Trust has announced the scheduled liquidation of the Jefferies | TR/J CRB Wildcatters Exploration & Production Equity ETF (WCAT). The fund will close to new investors on 27 April, 2012 and will liquidate on 2 May, 2012. »

James Ross, senior managing director and global head of SPDR Exchange Traded Funds at State Street Global Advisors

SSgA launches Upromise 529 Plan

Wed, 18/04/2012 - 11:57
State Street Global Advisors (SSgA) has launched the SSgA Upromise 529 Plan, marking a new arrangement with the State of Nevada and Upromise Investments, Inc. Designed to lower costs and simplify investment choices, the SSgA Upromise 529 Plan features innovative investment strategies that will be implemented using State Street's SPDR exchange traded funds (ETFs). »

Gordon M Nixon, president and CEO, Royal Bank of Canada

Royal Bank of Canada acquires full ownership of RBC Dexia Investor Services

Wed, 04/04/2012 - 09:24
Royal Bank of Canada is to acquire the 50 per cent stake that it does not already own of the joint venture RBC Dexia Investor Services Limited (RBC Dexia) from Banque Internationale à Luxembourg SA (BIL) (formerly Dexia Banque Internationale à Luxembourg SA) for a total consideration of EUR837.5 million (CAD1.1 billion) in cash. Following the closing of the transaction RBC will own 100 per cent of RBC Dexia. »

Orange tick

Cisco Systems, Comcast, FedEx added to US Contrarian Opportunities Index

Mon, 13/02/2012 - 11:00
Cisco Systems Inc, Comcast Corp (Class A shares) and FedEx Corp have been added to the Dow Jones US Contrarian Opportunities Index. »

Jan-Michiel Hessels, Chairman, NYSE Euronext

NYSE Euronext to focus on ’standalone strategy’

Thu, 02/02/2012 - 17:00
NYSE Euronext announced today that in light of the decision by the European Commission to prohibit its proposed combination with Deutsche Boerse, the companies are in discussions to terminate their merger agreement.  »

Bruce Lavine, WisdomTree President & COO.

WisdomTree agrees investment sub-advisory relationship with Western Asset Management for fixed income ETFs

Mon, 16/01/2012 - 07:00
WisdomTree has agreed a new investment sub-adviser relationship with Western Asset Management, a subsidiary of Legg Mason. The collaboration will be in the global fixed income area with a focus on credit products. »

John Jacobs, Executive Vice President and Chief Marketing Officer, NASDAQ OMX

Invesco PowerShares secures rights as exclusive sponsor of NASDAQ OMX ETF app

Fri, 02/12/2011 - 15:00
Invesco PowerShares Capital Management has secured rights to be the exclusive sponsor of the NASDAQ OMX QFOLIO for ETFs app. The new ETF app is an intuitive tool to search, filter, and track the entire universe of US-listed ETFs. »

Approved stamp

BATS Global Markets get UK Competition Commission approval to acquire Chi-X Europe

Fri, 25/11/2011 - 14:46
BATS Global Markets (BATS) has received formal approval from the UK Competition Commission to acquire Chi-X Europe, the largest pan-European trading venue in terms of market share and notional value traded. »

Jim Courier, Founding Partner of the Champions Series

PowerShares QQQ signs multi-year deal to sponsor Champions Series

Mon, 24/10/2011 - 11:37
PowerShares QQQ has signed a multi-year agreement with the Champions Series to become the title sponsor of the national tennis circuit. Currently a title sponsor of the PowerShares QQQ Champions Challenge tournament on 22 October at the United Center in Chicago, PowerShares QQQ will become the umbrella sponsor of the entire series starting in 2012. »

handshake

EQIS and RPG form alliance

Thu, 20/10/2011 - 06:00
New York based RPG Consultants and San Rafael, CA based EQIS have formed a new alliance enabling retirement plan sponsors to take advantage of EQIS’s innovative technology and portfolio management capabilities across 21 different asset classes, diversified domestically and internationally, with both strategic and tactical money managers.  »

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