Fund manager Legal & General Investment Management has entered the Exchange Traded Fund (ETF) market by acquiring Canvas, the Ucits ETF platform owned by ETF Securities.

Global investment manager Invesco is buying ETF firm Source, it has been confirmed this afternoon.

A major European ETF provider has hired Old Mutual Global Investors’ former chief to head the organisation.

BlackRock’s iShares has claimed to have launched a “world first for investing in Israel”.