Guggenheim finalises acquisition of ETF provider Claymore

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Financial services firm Guggenheim Partners has finalised its acquisition of Claymore Group, a provider of ETFs and other investment products.

The merger means Claymore and its associated entities, including Claymore Securities, Claymore Advisors and Claymore Investments in Canada are indirect, wholly-owned subsidiaries of Guggenheim Partners. Claymore Advisors acts as the investment adviser and administrator for a range of 34 US ETFs, tracking equities, fixed income, sectors and emerging markets. The range includes the Claymore BNY Mellon Bric ETF, the US Capital Markets Bond ETF and the S&P Global Water Index ETF. Claymore Advisors will continue to serve the role of advisor and administrator on an interim basis, while s...

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