GMO, a U.S.-based investment manager, today launched its first exchange-traded fund, the GMO U.S. Quality ETF (NYSE: QLTY). QLTY was launched in partnership with the new Goldman Sachs ETF Accelerator, a digital platform that enables Goldman Sachs’ clients to quickly and efficiently launch, list, and manage ETFs. State Street has been appointed as administrator.
Month: November 2023
AirFund gets EUR6m funding boost
Amundi and Indosuez Wealth Management have acquired a stake in AirFund to promote the marketing of private asset funds. AirFund is a digital platform created in 2021 to facilitate the link between management companies and distributors of private markets funds with retail investors It raised EUR6m in a recent funding round jointly led by Amundi…
LOIM selects Equity Trustees
Lombard Odier Investment Managers (LOIM), the asset management division of Swiss-headquartered Lombard Odier, has selected Equity Trustees as trustee of its inaugural offering in Australia, the LOIM Sustainable Private Credit (Australia) Unit Trust, a feeder into the existing LOIM Sustainable Private Credit Strategy’s Luxembourg-based master platform.
HIGHVERN adds to Jersey funds team
HIGHVERN, the C.I.-based administrator, is expanding its funds team in Jersey with the appointment of two senior managers. Dennis Cruz joins as director, fund accounting in Jersey, whilst Richard Go is appointed director of funds.
TMF hires from State Street
TMF Group, the Netherlands-based provider of business administration services, has appointed Gareth Casement as head of loan administration. Based in Dublin, he will report to Daniel Max, head of global solutions. Casement joins from State Street.
Taurus opens in DIFC
Taurus SA, the Swiss digital asset infrastructure provider, has opened an office in Dubai. Bashir Kazour will head the new office, which is based in the DIFC.
Apex appoints ME SEO
Apex has appointed Matthew Pykstra as senior executive officer of FundRock Middle East. He joined Apex in 2022, following the acquisition of Sanne Group. Pyskstra succeeds Martin Bond, who becomes the regional head of client relationship management in the Middle East.
SEBA links with SGKB
SEBA Bank, a full-service, global crypto bank, has launched its partnership with St.Galler Kantonalbank (SGKB), Switzerland’s fifth largest cantonal bank, enabling digital asset custody and brokerage services for SGKB’s clients. Having obtained its FINMA banking licence in 2019, SEBA Bank is among the first financial institutions to bring digital assets to the Swiss market and…
Terazo links with Tokeny
Terazo, a private market investment platform based in India, has joined forces with Tokeny, the tokenization platform, to launch the first regulated tokenised real estate asset in India under the regulatory sandbox framework established by the International Financial Services Centres Authority (IFSCA). Oryx, a USD50m greenfield development, is the first regulated tokenised real estate project…
Torstone links MO with CTM
Torstone Technology, a UK-based provider of post-trade securities and derivatives processing solutions, has completed product certification of its middle office product with DTCC’s CTM, a central matching platform used to allocate and centrally match transactions across multiple asset classes.