MUFG Acquires Rydex Fund Services from Guggenheim Investments
Posted: Thu Jul 28, 2016 7:03 am
MUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, and Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, have announced that they have entered into an agreement in which MUFG will acquire Rydex Fund Services, a mutual fund administration business from Guggenheim Investments.
The acquisition demonstrates our commitment to supporting the growth of new clients and extending our services to existing clients.
Completion Of Full Service Offering
The deal will complete MUFG Investor Services’ full service offering for investment managers, adding regulated 1940 Act mutual fund and exchange traded fund services expertise to a ... (read more)