Barclays Global Investors · San Francisco, CA United States

Barclays Global Investors (BGI) is being acquired by American money manager BlackRock, and will be part of a new firm called BlackRock Global Investors when the deal closes in late 2009. Parent company Barclays will retain a 20% stake in the new venture. With more than $2 trillion under management, BGI is already one of the world's largest administrators of institutional assets, serving some 3,000 corporations, pension plans, unions, not-for-profits and other clients in 50 countries. It specializes in structured investment strategies such as indexing and risk-controlled active investment management. The firm offers some 300 exchange-traded funds as well as its LifePath family of mutual funds. To read the full description, subscribe now.