An affiliate of Good Harbor Financial announced its plans to acquire beleaguered F-Squared Investments’ intellectual property yesterday, Barron’s reported. The announcement comes as F-Squared, recently the largest manager of exchange-traded fund portfolios, filed for chapter 11 protection. Wellesley, Mass.-based F-Squared agreed to pay $35 million last year to settle fraud charges related to false performance advertising in its flagship investment product. It’s been bleeding assets ever since, and was reportedly up for sale.
