U.S. Bank launches European ETF services

U.S. Bank has launched its new ETF services in Europe, as well as signing its first client for this offering. U.S. Bank will support Horizon Kinetics’ European version of its Inflation Beneficiaries ETF, an actively managed fund that seeks to address one of the most important economic and investment drivers – inflation – by identifying unique, scalable businesses that have the potential to thrive in an inflationary environment. The fund is structured as a UCITS ETF and will initially trade on Euronext Amsterdam.

U.S. Bank will provide clients with a broad suite of offerings, including fund administration, transfer agency, depositary and global custody solutions, as well as a number of European exchange-traded fund services.

With this launch of ETF servicing in Europe, U.S. Bank is expanding its relationship with Intercontinental Exchange as it adopts its ICE ETF Hub as a front-end and order entry platform for U.S. Bank’s ETF clients.

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