Barclays Announces Sale of iShares ETF Business
| April 9th, 2009 | ||
| Baclays plc announced today that it was selling its iShares business to European private equity firm CVC Capital Partners Group for approximately $4.4 billion. iShares is the leading global provider of exchange traded funds, offering over 350 ETFs with assets under management of approximately $330 billion. Following the transaction, Barclays plc will continue to be one of the world’s largest asset management firms through Barclays Global Investors, which is its institutional asset management subsidiary. | ||
See Press Release | ||
For Detailed Investor Profiles on these Investors, click below: |
Barclays Capital |
Related People: Bob Diamond
Related Entities: Barclays Private Equity;
Related Article Tags: Investment Management, Fund Manager and General Financial News
Add a Comment |
More Recent Headlines
Henderson Group Finalizes New Star Acquisition |
Kumar from TPG-Axon to Launch Hedge Fund |
SEC Halts $20 Million Colorado Ponzi Scheme |
Avoiding Risk, Marshall Wace’s Risk Officer Retires at 28 |
Martin Whitman's Third Avenue Management suing MBIA |
SocGen’s Assayag Flees to Launch Premium Asset Management |
Self-Proclaimed 'Chinese Warren Buffett' A Fraud |
GLG Partners Completes Acquisition SocGen UK |
Stark Finalizes Deephaven Acquisition |
Millbrook Appalled by Chemed’s “Corporate Largesse” |
