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ETP News: US ETF provider deploys Citi's prop indices to target institutional market

SRP News, 09 August 2017

Pacer ETFs has reached an agreement with Citi to license the bank's proprietary indices for use in Pacer's exchange-traded funds. Under the agreement, Citi will license their proprietary indices to Pacer ETFs, who act as the fund sponsor and will create ETFs to provide institutions with strategy-driven solutions for risk management and long-term growth.

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