Ultimus Fund Solutions, the U.S.-based independent provider of fund administration, accounting, and investor solutions, has supported the conversion of the Conductor mutual fund to an ETF. in its role as accounting agent, administrator, distributor and chief compliance officer, Ultimus partnered with IronHorse Capital, a longstanding client, to facilitate this conversion. Converting to an ETF allows…
Category: ETF
Apex to support EQONEX Lux platform
Apex has been appointed to provide corporate, administrative and trustee services to the Luxembourg platform of EQONEX Limited, the NASDAQ-listed digital assets financial services company. Apex will provide SPV administration and trustee services for the platform. EQONEX provides institutional grade infrastructure and a suite of trading, custody and asset management solutions to clients. EQONEX’s ecosystem…
Waystone launches ETF platform solution
Waystone, the Ireland-based provider of specialist services to the asset management industry, has launched Waystone ETFs, an institutional ETF platform operator. Waystone ETFs will partner with leading financial institutions to build investment products whilst leveraging open architecture solutions. These will include the ability to offer clients institutional platform solutions including white label and standalone operator…
Paul Heffernan joins Waystone
Paul Heffernan has joined Waystone as CEO of its ETF business. He previously spent six years at HSBC in senior European sales roles for the securities services business. He is based in Ireland.
Apex to administer ETFs for 3iQ
Apex has been appointed as administrator by 3iQ Digital Asset Management, Canada’s largest digital asset investment fund manager that offers investors investment products to gain exposure to digital assets. Founded in 2012, 3iQ is Canada’s largest digital asset investment fund manager with more than CAD1.8bn (USD1.4bn) AuM. New funds, 3iQ CoinShares Bitcoin Feeder ETF and…
HSBC wins major AUS ETF mandate
HSBC has been appointed by ETF Securities for middle office, custody and fund administration services for its range of equity products. ETF Securities is Australia’s oldest independent provider of ETFs and has maintained a track record of market innovation since launching the world’s first gold-backed ETF in 2003.
K2 appoints State Street for ETH ETF
K2 Asset Management has appointed State Street Australia Limited as the fund administrator in Australia for the Cosmos Purpose Ethereum Access ETF (Cboe: CPET). CPET’s underlying asset is the Purpose Ethereum ETF which is managed by Purpose Investments and quoted on the Toronto Stock Exchange. The Purpose Ethereum ETF has been established to buy and…
Copper & Frick named as custodians for new 21Shares ETP
21Shares, the Swiss-based manager that claims to be the world’s largest issuer of crypto ETPs, has launched the 21Shares USD Yield ETP (USDY), which provides exposure to US Dollars while using the collateral (USDC) to seek to generate income from the digital asset lending ecosystem via a fully collateralised ETP structure. Listed on the SIX…
Accelerate appoints Tetra for NFT ETP
Accelerate Financial Technologies Inc., a provider of alternative investment solutions, has selected Tetra Trust Company as custodian for Accelerate’s digital assets. Initially, the Accelerate NFT Fund LP, the first Web3 investment vehicle in Canada, will deploy Tetra’s custody solution which enables clients to store and settle their digital assets within a secure environment. Calgary-based Accelerate…
CFT ETF platform links issuers with service providers
Consortio Funds Trust, a start-up platform, has assembled a group of leading service providers from across the ETF industry. The providers aim to help create and grow ETFs, providing an integrated, cost-effective, and turnkey solution to support ETF sponsors in planning, launching, operating, and growing their exchange-traded products. CFT is designed to be a collaborative…