Guggenheim Partners is folding rydex SGI into its ETF asset management group. Combined together, the firm will have approximately $119 billion under management.
In addition, with the integration of Rydex SGI, Guggenheim Investments is projected to be included in the top 10 of largest ETF providers globally, offering investors a suite of more than 100 ETFs and ETPs totaling over $20 billion in assets. The consolidated ETF lineup, including BulletShares, CurrencyShares, and RydexShares pure style and equal weight products, will be marketed in the U.S. under the Guggenheim name.