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 .
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