Guggenheim Investments [profile] just restructured its sales team to focus on ETFs, reports Reuters.

Anthony Davidow, managing director and portfolio strategist, said the former structure of the firm often meant that a number of sales representatives were getting in touch with the same client.

The firm will manage an ETF team that will prioritize ETF portfolio managers and institutional clients.

"We want … (ETFs) to be a bigger part of the business," Davidow said.

The firm also created an ETF specialist team that will support sales reps and clients. 

Edited by: HFD


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