Guggenheim Absorbs Rydex
Guggenheim Partners is folding rydex SGI into its ETF asset management group. Combined together, the firm will have approximately $119 billion under management.
Guggenheim Partners Lifts Out Rydex|SGI to Form $119B Asset Management Firm
Guggenheim Investments will offer equity, alternatives and fixed income investing options through a range of vehicles; Rydex CEO Richard Goldman will become COO of new firm.