TMX VettaFi signed a definitive agreement on June 11 to acquire RAFI Indices from Research Affiliates, a strategically positive bolt-on deal for the ETF and indexing business. The move expands VettaFi's research and indexing capabilities and may support product development and distribution. The article is factual and does not include deal terms, so near-term market impact appears limited.
TMX VettaFi signed a definitive agreement on June 11 to acquire RAFI Indices from Research Affiliates, a strategically positive bolt-on deal for the ETF and indexing business. The move expands VettaFi's research and indexing capabilities and may support product development and distribution. The article is factual and does not include deal terms, so near-term market impact appears limited.
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