The ETC Group, a Germany-based digital asset ETP issuer, has formed a partnership with Zodia Custody, which will see a migration of assets from existing ETC Group products — including the recently launched ETC Group Ethereum Staking ETP (ET32) — to Zodia. In 2023 ETC appointed Komainu as custodian for its first index ETP and…
Category: ETF
Perennial expands with SS&C
Perennial Partners, an Australian asset manager, has retained SS&C for unit registry services. SS&C will provide a range of services to Perennial’s investors across all fund types, including active ETFs, unlisted and dual-listed funds, and private equity. Previously, SS&C serviced unlisted and dual-listed funds for Perennial Partners. After a market evaluation process, Perennial expanded its…
Eagle appoints BK for first ETF
BNY Mellon has been appointed as administrator for the Eagle Capital Select ETF, the first ETF launched by Eagle Capital Management, a U.S. manager with USD20bn AuM. The launch is notable because Eagle converted a USD1.8bn separately managed account (SMA) to create the ETF, thought to be the largest such conversion to date. Eagle used…
BNPP wins ETF mandate in Asia
BNP Paribas has been appointed as custodian and administrator for the newly launched Phillip-China Universal MSCI China A 50 Connect ETF which will be listed on the Singapore Exchange (SGX). This ETF aligns with the recently established ETF product link between SGX and the Shanghai Stock Exchange (SSE).
Absolute expands with Ultimus
Absolute Investment Advisers has expanded its relationship with Ultimus Fund Solutions to support a diverse slate of investment products. Over the past three years, Absolute has been enhancing its product lineup, launching an ETF along with the transition of four mutual funds and a hedge fund from another service provider to Ultimus. Absolute has c.…
SEI to support Cullen’s first active ETF
Cullen Capital Management has selected SEI’s Advisors’ Inner Circle Fund as its operational platform for the Cullen Enhanced Equity Income ETF (NYSE:DIVP), its first active ETF.
Perennial consolidates with HSBC
Perennial Partners, an Australian manager, has appointed HSBC as custodian and fund and ETF administrator. Asset transition has been completed, with HSBC now providing services for all Perennial funds across 25 markets.
Citi supports Global X ETF launch
Citi has been appointed by Global X ETFs, part of Mirae Asset Financial Group, to service Hong Kong’s first covered call ETFs. Mirae manages assets of >USD535bn and has over 575 ETFs globally with USD109bn AuM. Global X ETFs has launched the Global X HSI Components Covered Call Active ETF and Global X HSCEI Components…
Zodia wins ETC ETP mandate
ETC Group has appointed Zodia Custody to support its latest ETP listed on Deutsche Börse XETRA, the ETC Group Ethereum Staking ETP, a total return exchange-traded product that tracks the Compass Ethereum Total Return Monthly Index. The ETP is fully backed by the underlying digital assets, and counterparty risk is negated through an independent trustee.…
BNY Mellon upgrades ETF basket construction
BNY Mellon has launched a new ETF basket construction platform. The new platform will provide asset managers with a digital workflow, backed by start-of-day NAV data, to present market-making information to liquidity providers. This solution will support asset managers in valuing, creating, and publishing basket information more efficiently. Users will be able to customise and…