BGI's iSharesB. division has had a sponsorship relationship with the team since December 2005. Given recent events, including the decision to disband the Phonak Cycling team, BGI has decided that a sponsorship relationship is no longer appropriate, and will re-allocate its sponsorship efforts to other opportunities worldwide.
Barclays Global Investors is one of the world's largest asset managers providing structured investment strategies such as risk-controlled active strategies and indexing. In the U.S., BGI is one of the largest active managers set apart by its risk-controlled approach. BGI is a majority-owned subsidiary of Barclays Bank PLC.
