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Westwood Holdings Group Partners With ETF Leader Ben Fulton to Expand and Scale ETF Platform

Provided By GlobeNewswire

Last update: Oct 28, 2024

DALLAS and NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Westwood Holdings Group, Inc. (NYSE: WHG) (“Westwood”), a diversified asset management firm headquartered in Dallas, TX, today announced that Westwood has invested in a new venture with exchange-traded-fund (“ETF”) industry leader Ben Fulton to expand Westwood’s existing ETF platform to include new, highly innovative strategies developed under a new stand-alone entity called WEBs Investments Inc. (“WEBs”), which stands for “Westwood Engineered Beta.” WEBs is an investment adviser registered with the U.S. Securities and Exchange Commission. Westwood will invest in WEBs and provide distribution resources and administrative support to WEBs, leveraging its more than 40 years in the investment management industry. Westwood will have the option to acquire WEBs in the future if the entity achieves certain growth milestones.

Read more at globenewswire.com

WESTWOOD HOLDINGS GROUP INC

NYSE:WHG (3/5/2025, 8:04:00 PM)

15.61

+0.37 (+2.43%)



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