Legal & General Investment Management (LGIM) has confirmed the completion of its takeover of Canvas, a European exchange traded fund platform previously owned by ETF Securities. LGIM said the deal would result in the ability to offer its clients access to a broader diversification of ETF strategies, while an ongoing trend in the ETF market […]
Legal & General Investment (LGIM) has acquired Canvas, the European exchange-traded fund (ETF) platform owned by ETF Securities. The transaction includes the platform and embedded infrastructure for ETFs, as well as $2.7bn of existing assets across 17 products and partnerships. Canvas is a platform that has built a diverse range of ETFs working with partners […]
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