TMX hopes to do more merger and acquisition deals after VettaFi investment: COO - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 50%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

TMX's investment in VettaFi is only the start of their information services mergers and acquisitions journey, according to TMX Chief Operating Officer Jay Rajarathinam.

that it “made a strategic investment” in VettaFi, acquiring around 21 per cent of common equity for about $234 million.

Rajarathinam said their investment in VettaFi Holdings LLC will help accelerate their transformation into a more information services business. He sees this as an opportunity to offer services like index creation and distribution for their client base. Rajarathinam said clients have been showing more interest in passive investing strategies like exchange-traded funds .

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 83. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama