Security Global Investors
Security Global Investors is a company.
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Leadership Team
Key people at Security Global Investors.
Security Global Investors is a company.
Key people at Security Global Investors.
Key people at Security Global Investors.
Security Global Investors (SGI) is an asset management firm specializing in alpha-oriented equity strategies, liquid alternative investments, and quantitative strategies, operating as part of Guggenheim Investments following a series of mergers and acquisitions.[1][2][5][7] Owned historically by Security Benefit Corporation and now integrated within Guggenheim Partners' ecosystem, SGI manages a portion of Guggenheim's over $357 billion in total assets (as of September 2025), targeting institutional investors with solutions-based competencies and retail markets via the Rydex Investments brand.[1][5] Its mission centers on delivering innovative, regulated alternative investments amid demand for transparent, daily-valued options, blending high-quality equity approaches with non-traditional strategies like currency ETFs and leveraged funds.[1][2]
The firm's investment philosophy emphasizes multi-discipline expansion, combining Rydex's expertise in liquid alternatives and quantitative management with core equity offerings, positioning it to capitalize on market needs for alpha generation and alternatives.[1][2]
Security Global Investors emerged as the asset management arm of Security Benefit Corporation, a Topeka, Kansas-based diversified financial holding company.[1][2][8] In 2007, Security Benefit acquired Rydex Investments, a Maryland-based provider of mutual funds, ETFs, and innovative products like the first currency ETF (Euro Currency Trust), integrating it with SGI the following year to form a combined entity with $21 billion in assets under management at the time.[1][2]
Key figures include Richard Goldman, who became CEO of the merged firm, with Rydex's Carl Verboncoeur shifting to an advisory role.[1] The focus evolved from core portfolio offerings to broader capabilities in alternatives and quantitative strategies.[1] In 2010, Guggenheim Partners acquired Security Benefit for $400 million, consolidating SGI and Rydex under Guggenheim Investments, where Rydex retained its retail brand for select products like Target Beta funds.[2][3][5] This marked SGI's transition into a larger global platform.[3][5]
Security Global Investors rides the trend of rising demand for liquid, transparent alternatives amid volatile markets, where institutional and retail investors seek regulated options beyond traditional equities.[1] Timing aligns with post-2008 regulatory shifts favoring fully transparent products like Rydex's ETFs, amplified by Guggenheim's 2010 acquisition during a period of industry consolidation.[2][3] Market forces such as low interest rates (historically) and alternative asset growth favor its quantitative and currency strategies, influencing the ecosystem by expanding access to innovative funds within Guggenheim's $357 billion platform.[1][5]
As part of Guggenheim, SGI contributes to broader financial tech evolution, including ETF innovation and multi-asset solutions that support tech-enabled trading and portfolio tools.[2][4][5]
Guggenheim Investments' scale positions SGI for growth in alternatives and ETFs, potentially expanding quantitative strategies amid 2026 M&A cycles and data center booms highlighted by Guggenheim Securities.[4][5] Trends like AI-driven quant trading and strategic dealmaking will shape its path, with influence evolving through deeper integration in Guggenheim's advisory and capital markets services.[3][4] This builds on its merger-fueled evolution, solidifying SGI as a key player in solutions-based asset management.[1]
