BBH has been appointed as custodian and administrator for a new ETF launched by ICBC UBS Asset Management (International) Company Limited (ICBCUBSI) in partnership with Krane Funds Advisors, LLC, domiciled in Hong Kong Brown Brothers Harriman Trustee Services (Hong Kong) Limited serves as trustee and registrar.
The ICBC UBS KraneShares KWEB CSI China Internet ETF will offer listed and unlisted share classes to investors. The fund will deliver investors in Hong Kong access to the underlying strategy behind KWEB, KraneShares’ flagship US-listed China Internet ETF and the largest US-listed China ETF globally.