Zodia Custody has been appointed by 21Shares, the Switzerland-based ETP issuer, to provide custody services for their physically-backed ETPs in Switzerland and the wider European market.
Category: ETF
State Street wins Lazard ETF mandate
Lazard Asset Management has launched its first ETF in Australia: the Lazard Global Listed Infrastructure Active ETF, which is listed on Cboe Global Markets. State Street Australia has been appointed custodian and administrator.
Monks defects from JPM to BNY
Shane Monks has joined BNY as global head of ETF and UIT operations, based in Boston. Monks joins from J.P. Morgan, after spending 15 years at State Street. This is the second major loss for J.P. Morgan from its ETF business, with Josh Jacobs recently moving to U.S. Bank. Vivian Tung, who was BNY’s global…
Monochrome launches Bitcoin ETF
Monochrome, an Australia-based ETF manager, has launched the country’s first directly held Bitcoin ETF. Vasco Trustees Limited is the Responsible Entity (trustee) of the fund and has engaged State Street as cash custodian and administrator for the ETF. Vasco has also appointed Gemini Trust Company, LLC as the fund’s Bitcoin custodian.
Vivian Tung moves to MFS
Vivian Tung has left BNY Mellon to join the ETF product team at MFS Investment Management, based in Boston. At BNY Mellon Tung was global head of ETF services. She joined in 2022 after spending nearly 17 years at BBH.
J.P. Morgan hires ETF SME
J.P. Morgan has hired Ciarán Fitzpatrick as global head of ETF product management, based in Dublin. He was previously at State Street.
Kingsview expands with Ultimus
Ultimus, the U.S.-based provider of fund administration, accounting, and investor solutions, has been appointed by Kingsview Wealth Management, LLC to support four new ETF launches. Ultimus first worked with Kingsview in 2021 to support the launch of the three initial Monarch ETFs.
U.S. Bank to support Pacer’s European ETFs
U.S. Bank has been appointed to provide fund administration, transfer agency and global custody services for Pacer Financial’s three new European ETFs, which are the European version of three of Pacer’s Cash Cows strategies: Pacer Global Cash Cows Dividend UCITS ETF; Pacer US Cash Cows 100 UCITS ETF; and Pacer Developed Markets International Cash Cows…
U.S. Bank hires ETF CCO
U.S. Bank has hired Josh Jacobs for the newly created role of chief commercial officer for ETFs. He will be responsible for all aspects of the business development and relationship management coverage of the ETF business. Jacobs brings more than 20 years of financial services experience, most recently at J.P. Morgan, where he was head…
ULTUMUS partners with Calastone
ULTUMUS has integrated Calastone’s ETF servicing technology with ULTUMUS’ COSMOS ETF creation/redemption platform. The integration allows a full, front-to-back deployment for fund managers and asset servicers to centralise and streamline the entire ETF process, from order capture and approval through order management, cash confirmation, settlement, and reporting. ULTUMUS claims to be the largest PCF calculation…