Aberdeen Acquires ETF Securities U.S.

April 27, 2018

Willkie represented Aberdeen in the transaction.

On April 27, 2018, Willkie client Aberdeen Asset Management Inc. acquired the U.S. business of specialist commodity Exchange Traded Product Provider, ETF Securities. ETF Securities' U.S. operations currently manage $2.8 billion.

The specific funds acquired were: ETFS Bloomberg All Commodity Strategy K-1 Free ETF (BCI), ETFS Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD), ETFS Bloomberg Energy Commodity Longer Dated Strategy K-1 Free ETF (BEF), ETFS Physical Swiss Gold Shares (SGOL), ETFS Physical Platinum Shares (PPLT), ETFS Physical Silver Shares (SIVR), ETFS Physical Precious Metals Basket Shares (GLTR), ETFS Physical Palladium Shares (PALL).

The Willkie deal team was led by partners David Boston and James Silk and included associate Ted Powers.