LGIM går in på privatkundsmarknaden i Italien

LGIM går in på privatkundsmarknaden  i Italien ETF Börshandlade fonder

Den senaste lanseringen av ETF-bolag, kommer från LGIM. Legal & General Investment Management (LGIM) som köpte under 2017 en del av ETF Securities. Nu lanserar LGIM försäljning av börshandlade fonder till privatkundsmarknaden i Italien. Tanken är att LGIM skall sälja ETFer, SICAVs och ICAV på denna marknad.

Den nya verksamheten kommer att ledas av nyanställd Giancarlo Sandrin, som har lämnat sin roll som chef som kapitalförvaltare för BlackRocks italienska iShares-verksamhet.

Sandrin kommer att vara LGIMs Italien Country Head, Wholesale & Retail och kommer att övervaka etableringen av privatkundsmarknaden, med stöd av en dedikerad försäljningsfunktion för LGIMs italienska kunder med säte i London. Han kommer att vara baserad på ett nyöppnat kontor i Milano och kommer att rapportera till Simon Hynes, chef för Retail EMEA Distribution.

En ökad aptit från investerare över hela Europa

Hynes säger: ”Vi har sett ökad aptit från investerare över hela Europa för vårt utbud av lösningar och att öppna ett lokalt kontor i Italien var det naturliga nästa steg i våra expansionsplaner. Giancarlo kommer att vara ett ovärderligt tillskott till laget, med sin djupa kunskap om den europeiska privatkundsmarknaden och omfattande försäljningserfarenhet. Att bygga upp vår ETF-verksamhet i Italien är en viktig prioritering för oss, och Giancarlo är med sin bakgrund perfekt rustad för att driva tillväxten. ”

Honor Solomon, chef för detaljhandel, EMEA på LGIM säger: ”Giancarlos möte i Italien är ett avgörande steg i vår långsiktiga plan för att bredda vår räckvidd över hela Europa. Under de senaste tre åren har vi ständigt ökat vårt produktutbud för europeiska investerare och vi är stolta över att Giancarlo leder vår satsning på den italienska privatkundsmarknaden”

Sandrin säger: ”LGIMs starka rykte gör det väl positionerat att expandera till den italienska privatkundsmarknaden och dess fokus på långsiktig investering kommer att resonera lokalt. Jag är exalterad att leda våra detaljhandelsinsatser på denna marknad och ser fram emot att arbeta nära Simon och teamet när företaget går in i nästa steg i expansion. ”

ETF Securities expects to complete the sale of its Canvas ETF platform to Legal & General Investment Management soon

ETF Securities expects to complete the sale of its Canvas ETF platform to Legal & General Investment Management soon

ETF Securities expects to complete the sale of its Canvas ETF platform to Legal & General Investment Management soon. On the deal’s completion day, all product management responsibilities will move to LGIM so any future enquiries should be directed to LGIM ETF Sales using the details below:

• Phone: +44 (0)345 070 8684
• Email: fundsales@lgim.co.uk
• Website: www.lgim.com/uk/ad/contact-us/

As a reminder, the products being transferred to LGIM include:

  • ETFS ISE Cyber Security GO UCITS ETF
  • ROBO Global Robotics and Automation GO UCITS ETF
  • ETFS Battery Value-Chain GO UCITS ETF
  • ETFS Ecommerce Logistics GO UCITS ETF
  • ETFS Pharma Breakthrough GO UCITS ETF
  • ETFS-E Fund MSCI China A GO UCITS ETF
  • ETFS US Energy Infrastructure MLP GO UCITS ETF
  • ETFS Longer Dated All Commodities Go UCITS ETF
  • ETFS All Commodities GO UCITS ETF
  • ETFS Longer Dated All Commodities Ex-Agriculture and Livestock GO UCITS ETF
  • ETFS DAXglobal Gold Mining GO UCITS ETF
  • ETFS Russell 2000 US Small Cap GO UCITS ETF
  • ETFS Lombard Odier IM Euro Corporate Bond Fundamental GO UCITS ETF
  • ETFS Lombard Odier IM Global Corporate Bond Fundamental GO UCITS ETF
  • ETFS Lombard Odier IM Global Government Bond Fundamental GO UCITS ETF
  • ETFS Lombard Odier IM Emerging Market Local Government Bond Fundamental GO UCITS ETF
  • ETFS FTSE 100 Super Short Strategy (Daily 2x) GO UCITS ETF
  • ETFS DAX Daily 2x Short GO UCITS ETF
  • ETFS FTSE 100 Leveraged (Daily 2x) GO UCITS ETF
  • ETFS DAX Daily 2x Long GO UCITS ETF

Until close, your ETF Securities representative will continue to help with any questions you might have about these products.

Please contact us if you have any questions:

Catarina Donat Marques
ETF Securities (UK) Limited
T +44 20 7448 4386
E catarina.donatmarques@etfsecurities.com

Important Information

This communication has been issued and approved for the purpose of section 21 of the Financial Services and Markets Act 2000 by ETF Securities (UK) Limited (“ETFS UK”) which is authorised and regulated by the United Kingdom Financial Conduct Authority (the “FCA”).

The information contained in this communication is for your general information only and is neither an offer for sale nor a solicitation of an offer to buy securities. This communication should not be used as the basis for any investment decision. Historical performance is not an indication of future performance and any investments may go down in value.

This document is not, and under no circumstances is to be construed as, an advertisement or any other step in furtherance of a public offering of shares or securities in the United States or any province or territory thereof. Neither this document nor any copy hereof should be taken, transmitted or distributed (directly or indirectly) into the United States.

This communication may contain independent market commentary prepared by ETFS UK based on publicly available information. Although ETFS UK endeavours to ensure the accuracy of the content in this communication, ETFS UK does not warrant or guarantee its accuracy or correctness. Any third party data providers used to source the information in this communication make no warranties or representation of any kind relating to such data. Where ETFS UK has expressed its own opinions related to product or market activity, these views may change. Neither ETFS UK, nor any affiliate, nor any of their respective officers, directors, partners, or employees accepts any liability whatsoever for any direct or consequential loss arising from any use of this publication or its contents.

ETFS UK is required by the FCA to clarify that it is not acting for you in any way in relation to the investment or investment activity to which this communication relates. In particular, ETFS UK will not provide any investment services to you and or advise you on the merits of, or make any recommendation to you in relation to, the terms of any transaction. No representative of ETFS UK is authorised to behave in any way which would lead you to believe otherwise. ETFS UK is not, therefore, responsible for providing you with the protections afforded to its clients and you should seek your own independent legal, investment and tax or other advice as you see fit.

ETF Securities to sell its European ETF platform to LGIM

ETF Securities to sell its European ETF platform to LGIM

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). ETF Securities to sell its European ETF platform to LGIM.

The business being sold is our ETF platform and excludes the rest of our European operations, which are being sold separately.

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. As such, there should be very little change in contact or service experienced by customers of our existing business.

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

ETF Securities has built the Canvas business from scratch to be Europe’s largest independent ETF provider and it is now of a size and quality that can be taken to the next level of growth by a large and highly respected firm such as LGIM. Combining the ETF expertise and capabilities of Canvas with the scale and reach of LGIM should be transformative for existing and new customers.

Our press release can be found here

* Source: ETF Securities, as at 10/11/2017
Please contact us if you have any questions:

Catarina Donat Marques
ETF Securities (UK) Limited
T +44 20 7448 4386
E catarina.donatmarques@etfsecurities.com

Important Information

This communication has been issued and approved for the purpose of section 21 of the Financial Services and Markets Act 2000 by ETF Securities (UK) Limited (“ETFS UK”) which is authorised and regulated by the United Kingdom Financial Conduct Authority (the “FCA”).

The information contained in this communication is for your general information only and is neither an offer for sale nor a solicitation of an offer to buy securities. This communication should not be used as the basis for any investment decision. Historical performance is not an indication of future performance and any investments may go down in value.

This document is not, and under no circumstances is to be construed as, an advertisement or any other step in furtherance of a public offering of shares or securities in the United States or any province or territory thereof. Neither this document nor any copy hereof should be taken, transmitted or distributed (directly or indirectly) into the United States.

This communication may contain independent market commentary prepared by ETFS UK based on publicly available information. Although ETFS UK endeavours to ensure the accuracy of the content in this communication, ETFS UK does not warrant or guarantee its accuracy or correctness. Any third party data providers used to source the information in this communication make no warranties or representation of any kind relating to such data. Where ETFS UK has expressed its own opinions related to product or market activity, these views may change. Neither ETFS UK, nor any affiliate, nor any of their respective officers, directors, partners, or employees accepts any liability whatsoever for any direct or consequential loss arising from any use of this publication or its contents.

ETFS UK is required by the FCA to clarify that it is not acting for you in any way in relation to the investment or investment activity to which this communication relates. In particular, ETFS UK will not provide any investment services to you and or advise you on the merits of, or make any recommendation to you in relation to, the terms of any transaction. No representative of ETFS UK is authorised to behave in any way which would lead you to believe otherwise. ETFS UK is not, therefore, responsible for providing you with the protections afforded to its clients and you should seek your own independent legal, investment and tax or other advice as you see fit.