Janus Capital Agrees to $30M VelocityShares Deal for ETFs

Janus Capital Agrees to $30M VelocityShares Deal for ETFs

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses Janus Capital's acquisition of Velocity Shares, a move aimed at enhancing their ETF presence. Bill Gross, known for his expertise in managing ETFs, is expected to play a significant role in this venture. The acquisition involves an upfront cash consideration of $30 million and is subject to regulatory approval, with completion anticipated in the fourth quarter. The CEO of Velocity Shares highlights the synergies between the firms, and the transcript concludes with a note on Janus Capital's aggressive strategy under Bill Gross.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Bill Gross's previous experience with ETFs?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the acquisition aim to boost for Janus Capital?

Evaluate responses using AI:

OFF

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?