Citi to support new Eurizon ETF

Eurizon SLJ Capital, the UK-based investment manager of Eurizon, the asset management company of Intesa Sanpaolo with EUR384bn (USD418bn) AuM, has launched its first Ireland-domiciled actively managed ETF with Connect ETFs, a new ETF platform connecting asset managers with leading ETF service providers. The platform uses Carne Global Fund Managers (Ireland) Limited as ManCo and Citi as administrator, custodian, and depositary. Citi will provide ETF-specific services including composition file production, and will support the primary market transaction lifecycle, all managed through the bank’s proprietary ETF technology platform, ACES. The ETF is listed on the Irish Stock Exchange and is expected to launch on the London Stock Exchange in late 2024.

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