Source adds three to exchange-traded product platform

Source, the exchange traded product provider has expanded its platform with the addition of three new partners, notably Nomura and also Banca IMI and IMC Group from Italy.

Nomura is one of the largest global traders and distributors of exchange traded funds (ETFs) across a broad range of asset classes and has raised more than US$14 billion in assets under management (AuM) for its own products, according to UK Financial Services-regulated Source. "Their position in the Asian markets is obviously of great appeal," says Ted Hood, chief executive officer of Source.

The three new partners join founding partners Goldman Sachs, Morgan Stanley and Bank of America Merrill

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