LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a leading global asset management firm, today announced the acquisition of the exchange traded fund (ETF) business and its infrastructure from Engine ...

LOS ANGELES & NEW YORK--(BUSINESS WIRE)--The TCW Group, a leading global investment firm with over $200 billion of assets under management, announced today the launch of a dedicated Asset-Backed ...

Engine No. 1 CEO Jennifer Grancio, 51, a founding member of BlackRock Inc.’s iShares ETF business, will join TCW as global head of ETFs.

The acquisition of Engine No. 1's ETF business, however, will give TCW "the building blocks to offer a broad suite of their own ETFs," Mr. Rosenbluth said.

TCW Group has agreed to purchase activist investment manager Engine No. 1’s ETF business, the companies announced on Tuesday. The acquisition, which is expected to be completed in the third ...