Wilshire Indexes shutters, transfers operations
Investment firm Wilshire has told clients that production and publication of all indexes not already sold or returned to the asset manager’s ownership will be discontinued.
Wilshire Indexes, the dedicated index operations arm set up by US asset manager Wilshire to run its growing index portfolio, as well as index operations of its partner parent groups, has closed. The entity that runs Wilshire Indexes, Wilshire Opco UK Limited, has gone into UK administration proceedings and laid off staff as of the end of February, WatersTechnology has learned.
The provider has reset the ownership and operation of its main indexes to asset manager Wilshire, and has selected other
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