Ultimus Fund Solutions, the U.S.-based independent provider of fund administration, accounting, middle office, and investor solutions, has supported the launch of Hypatia Capital’s first ETF. The fund, the Hypatia Women CEO Fund, will invest in established, women-led businesses. Hypatia Capital, a New York based Registered Investment Advisor, focuses on sponsoring female CEOs and investors within…
Category: ETF
Citi wins Fubon ETF mandate
Citi has been selected by Fubon Fund Management (Hong Kong) Company Limited to provide a range of custody and fund services for Fubon’s latest thematic ETF, Fubon ICE FactSet Asia Battery and Energy Storage Technology Index ETF, recently listed in Hong Kong. Citi will provide custody, fund accounting and administration, ETF processing, and registrar services,…
State Street upgrades ETF E2E service
State Street has expanded its Alpha front-to-back asset servicing platform to support the entire ETF lifecycle with front, middle and back-office capabilities, underpinned by the State Street Alpha Data Platform. The new offering integrates Charles River Development’s front office products with State Street’s ETF servicing capabilities to deliver end-to-end processing for ETF issuers across the…
BBH hires ETF veteran from Vanguard
Brown Brothers Harriman has hired Tim Huver to join its ETF team. In this role, Huver is responsible for executing the firm’s ETF servicing growth strategy in the U.S. by fostering new client relationships and providing consultative services to help managers build a comprehensive ETF operating model. Huver joins BBH from Vanguard, where his 23-year…
JTC supports Valour’s ETP launch
JTC Group, together with Carey Olsen, have supported Canada-based digital asset manager Valour Inc.’s new digital asset ETP programme in Jersey, C.I., which will be offered to investors across the European Union. The ETPs will provide investors with access to a variety of cryptocurrencies and other digital assets via a regulated stock exchange. Issued by…
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…
RBC wins ETF mandates from Mulvihill
RBC Investor & Treasury Services has been appointed as custodian and fund administrator for three Mulvihill Capital Management ETFs trading on the TSX: Mulvihill Canadian Bank Enhanced Yield ETF, Mulvihill Premium Yield Fund ETF, and Mulvihill U.S. Health Care Enhanced Yield ETF. Mulvihill, a Toronto-based wealth management firm, is a recent entrant to the ETF…
CACEIS wins Ireland ETF mandate
CACEIS has been appointed by Investlinx Investment Management to provide depositary, custody, fund administration and execution services for Investlinx ICAV, a recently launched Irish UCITS ETF. The Investlinx ICAV will also deploy CACEIS’ ETF solutions and tools, including TEEPI ETF, a dedicated AP order portal.
BlackRock adopts TradeWeb’s ETF iNAV
Tradeweb Markets Inc., the Nasdaq-listed operator of electronic marketplaces for rates, credit, equities and money markets, has launched a market data service to calculate real-time iNAVs for ETFs. BlackRock has become the first ETF issuer to use Tradeweb iNAVs for its iShares ETF suite in Europe, which are publicly available via Bloomberg and Refinitiv. The…
State Street adds FIX API to ETF platform
State Street has launched a FIX API for its Fund Connect ETF platform, its global online portal for the creation and redemption of ETFs within the firm’s GlobalLink product suite. The FIX enhancement, now available to all participants on the platform, offers connectivity and electronic communication through an industry protocol widely used in electronic trading.…