BM&FBOVESPA Seeks ETFs Managers

BM&FBOVESPA is seeking a securities portfolio manager for two new ETFs.

BM&FBOVESPA is seeking a securities portfolio manager for two new ETFs. The manager will obtain an exclusive license for employing the Corporate Sustainability Index (ISE) and the Corporate Governance Trade Index (IGCT) as references for the respective launches of the ISE ETF and IGCT ETF. The interested bidders have to apply by March 2, 2011. BM&FBOVESPA is aiming to provide the market with new investment alternatives with the launch of the two new ETFs.

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