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Stock impact report

Westwood Holdings Group Partners With ETF Leader Ben Fulton to Expand and Scale ETF Platform

Westwood Holdings Group Inc (WHG) 
Company Research Source: GlobeNewswire
Westwood has entered into a partnership with ETF veteran Ben Fulton to scale Westwood’s ETF platform, offering investors and advisors new, highly innovative strategiesOur new partnership called WEBs—"Westwood Engineered Beta”—will apply a proprietary strategy seeking to provide a more stable investment experience and better risk-adjusted returns to investorsWestwood will form the partnership by investing in WEBs Investments Inc. and will provide distribution resources and administrative support, with an option to buy the entity in the futureBen Fulton, a recognized ETF industry leader and pioneer, grew Invesco’s PowerShares ETF platform from $200 million to $80 billion during his tenure from 2005 to 2013, first as EVP, Global Product Development and later as Head of Global ETFsChris Doran, Westwood’s Head of ETF Distribution & National Accounts and a 25-year, proven ETF-sales leader, will directly support WEBs, leveraging his extensive experience and client relationships DALLAS and N Show less Read more
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