iShares Latest
Thursday, 9 April 2009
We understand that today the Board of Directors of Barclays Plc announced the sale of the iShares business to CVC Capital Partners.
CVC Capital Partners is a leading global private equity and investment advisory firm, headquartered in Luxembourg with a network of 19 offices across Europe, Asia and the USA.
Rory Tolbin, the Managing Director and CEO of iShares Europe provided this statement on the sale:
'As the global leader in Exchange Traded Funds, iShares' success is built on our commitment to serving investors around the world. This commitment will continue under the new ownership of iShares. We will accelerate the development of exchange traded funds in Europe and continue to innovate our products and services.
Since the start, iShares has developed its own unique culture and way of doing business, valued by our clients and partners. This is what has made iShares such a valuable acquisition to our new owners, and they now want to build on this foundation through:
Product excellence
Commitment to providing outstanding service to our clients
Firm belief in local market expertise
Employing the industry's top talent
Recognition of the value of a strong brand
Passion about the European ETF opportunity
The current leadership team will remain in place and once the transaction is completed, iShares will begin the transition process towards an independent stand alone entity that will create, manage and distribute products.We look forward to further building our relationship with you in the future. We will keep you informed of developments over the coming months.'
posted by Murray Round Wealth Management @ 14:00,
The Authors
Nicholas Round
Nic is the Managing Director of Murray Round Wealth Management Limited, who seeks to ensure the advice provided is truly independent. Based in Shropshire with clients local, national and worldwide, Nic has strived to find the best possible service for his clients needs, by researching and studying the market, trends and philosophies. Nic strongly believes Asset Class Management will bring his clients Financial Freedom, Independence and Happiness.
Kirsty
Kirsty is our communication guru. Managing information requires considerable due diligence and her passion for organisation gives the clarity we all seek. From Shropshire, with a Psychology Degree and much travelling, she is now back in Shrewsbury...and London often, keeping us all at Murray Round focused.
Welcome to our Blog
Our Blog focuses on the three Ts...truth, transparency and trust. The world of investment management is fraught with self interested parties keen to sell investment products but wrapped up as 'advice'. Only with totally transparency, can investors make informed and successful decisions. We have included various categories for simpler navigation, alternatively search our Blog using key words you think are relevant. We hope you find something of interest to you.
Contact Us
We welcome your enquiry to us. Simply click on Contact Us' link at the top of the page. You may also email us at service@murrayround.co.uk or telephone 01743 248108.
Visit us again!
