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…
Category: ETF
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…
State Street goes live in Singapore with Fund Connect ETF portal
State Street has gone live in Singapore with Fund Connect ETF, a global primary market ETF portal with access to more than 960 ETFs. Fund Connect ETF is an online fund portal for the creation and redemption of ETFs, designed as a single point of access for sponsors. The portal’s automated order placement solution and…
BNY Mellon to administer new Grayscale European ETF
BNY Mellon in Ireland has been appointed as custodian and administrator for Grayscale’s first European ETF, launched through the HANetf platform, for which BNY Mellon provides custody and administration. The Grayscale Future of Finance UCITS ETF (GFOF) will list on the London Stock Exchange, Deutsche Börse and Borsa Italiana and will be available to investors…