Wilshire Phoenix, a leader of innovation in the financial services industry, announces the debut of the Wilshire wShares Enhanced Gold Trust (NYSE Arca: WGLD). WGLD tracks the Wilshire Gold Index, which seeks to outperform a stand-alone investment in gold and reduce its volatility without the use of any futures, leverage, or derivatives.
Giving a stake to workers makes them more engaged and creates a stronger culture, according to Pete Stavros, the buyout firm’s co-head of private equity for the Americas.
The new firm will focus predominately on healthcare, industrial, media and marketing, outsourcing, manufacturing and packaging, technology, transportation and logistics and financial and professional services.