PowerShares Likely to Acquire Guggenheim ETFs

The transcript discusses a deal between PowerShares and Guggenheim, highlighting the strategic benefits for PowerShares in acquiring Guggenheim's smart beta products. The RSP, an S&P 500 equal weight ETF, is emphasized as a successful product. The discussion covers the market performance of equal weighting strategies and the strategic advantages for PowerShares in expanding their smart beta offerings. The implications for the industry, particularly for competitors like T. Rowe and Franklin, are also considered.

In what ways does PowerShares plan to expand its smart beta offerings after acquiring Guggenheim?

What challenges do companies like T. Rowe and Franklin face in relation to passive investment strategies?