Guggenheim To Merge Claymore And Rydex
Guggenheim Partners LLC, a reputed ETF provider, is in the process of initiating merger of its Claymore Group Inc. and its Rydex SGI business. The resulting entity will become the 7th biggest provider of ETFs in America and will have more than $11 billion worth assets under management. Guggenheim had taken over Claymore in the [...]
Claymore Brand Going Away
LISLE, Ill., Sept. 27, 2010 – Claymore Securities, Inc. (“Claymore”), an innovator of investment solutions and a wholly-owned subsidiary of Guggenheim Partners, LLC (“Guggenheim Partners”), today announced it has changed its name to Guggenheim Funds Distributors, Inc. (“Guggenheim Funds”). The change marks the next phase of business integration following the acquisition of Claymore by Guggenheim [...]
