Old Mutual to Shutter U.S. ETF Line
September 27, 2010 at 18:00 PM EDT
A unit of South African insurer Old Mutual will close its line of U.S. exchange traded funds (ETFs) next month. Old Mutual’s U.S. ETFs were managed by its Old Mutual Global Index Trackers unit. The insurance company’s entire asset management business oversaw $387 billion at the end of...