Why TCW is betting on Engine No. 1’s ETF business
- Update Date：
- Post Date：
#yahoofinance #tcw #etf TCW is acquiring Engine No. 1’s ETF business, in a deal that is expected to close in the third quarter. Engine No. 1 CEO Jennifer Grancio joined Yahoo Finance Live to discuss the deal and its impact on the company. Grancio says, TCW has “such a strong reputation for investment managers that are great fiduciaries” and “they also run concentrated active portfolios. And so for us, it’s very exciting to move into that larger platform and kind of bring the active ETFs with us.” Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market […]