trending Market Intelligence /marketintelligence/en/news-insights/trending/6_ptv4q904gtovdtekjn8w2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Report: Warburg Pincus seeks up to $500M from ETF manager sale

IFRS 9: Time is Running Out for Insurance Companies to Comply

5 Quant Research Traps to Avoid

Wind Power by the Numbers: U.S., Canada and Mexico

Measuring The Wireline Digital Divide In The US

Report: Warburg Pincus seeks up to $500M from ETF manager sale

is seekingbetween $400 million to $500 million from the sale of exchange-traded fund providerSource, Europe's seventh-largest ETF manager with $21.6 billion in assets, the Financial Times reported Oct. 7, citing"people briefed on the plan."

Sourcestruggled to achieve profitability as ETF providers including larger rivalsBlackRock Inc.,Deutsche Asset Managementand Lyxor Asset ManagementInc. engage in an ETF price war.

wasapproached as a possible acquirer, according to the report.

The rumorcomes amid an upheaval in Europe's asset management industry, with preparing tofloat a minoritystake of its asset management unit and Commerzbank AG spinning off its ETF business.