News

Guggenheim mulls sale of retail funds to Invesco

The two firms have discussed several options, including one involving just the sale of Guggenheim's ETF business

Guggenheim mulls sale of retail funds to Invesco

Guggenheim Partners is in talks to sell its retail funds business to Invesco, according to people familiar with the matter.

Invesco will likely pay about $2bn for the business, the people said, but several options have been discussed, including Guggenheim only selling its exchange traded funds business, Justin Baer reports for The Wall Street Journal.

WSJ Logo