UPDATE 1-Legal & General enters ETF market with Canvas platform deal
Contributed by NAMPA / Reuters.
* Deal includes $2.7 billion in assets
* To help sales into 14 countries
* Comes amid growing demand for ETFs
(Adds detail from statement, background, bullet points)
By Lawrence White and Simon Jessop
LONDON, Nov 15 (Reuters) - Legal & General, is
entering the exchange traded fund (ETF) market by buying
Europe-focused platform Canvas along with $2.7 billion in assets
from ETF Securities Limited.
The deal comes amid growing demand from fee-conscious