Zürcher Kantonalbank, Switzerland’s largest cantonal bank, has listed four ESG ETFs on the SIX Swiss Exchange. Three are domiciled in Ireland and one in Switzerland. HSBC is acting as AP and providing custody, depositary, fund administration and transfer agency services for the three ETFs domiciled in Ireland, which make up ZKB’s inaugural Ireland-domiciled ETF umbrella.
Category: ETF
Ultimus supports KKM ETF conversion
Ultimus has supported KKM Financial in transitioning its Essential 40 mutual fund to an ETF. KKM Financial, an investment firm based in Chicago, launched The Essential 40 ETF, the latest addition to its suite of research-driven financial products. This new fund will utilise the benefits of the Northern Lights Fund Trust II series trust.
Ultimus supports Nightview conversion
Ultimus Fund Solutions has assisted Nightview Capital with the tax-free conversion of a private investment fund that Nightview Capital sponsored and advised into The Nightview Fund, an actively managed equity ETF. As a result of the Section 351 conversion, investors in the Nightview private fund received shares in the ETF equal in value to their…
Ultimus supports active ETF launch for Ocean Park
Ultimus has supported the launch of four new active ETFs for its longstanding client, Ocean Park Asset Management. The ETFs are in addition to eight mutual funds that Ultimus has supported since 2007.
Platinum goes to NTRS
Northern Trust has been appointed by Sydney-based Platinum Asset Management to provide comprehensive asset servicing solutions across its Australian funds. Platinum Asset Management focuses on global equities and has approximately AUD11bn (USD6.8bn) AuM. Under the terms of the new mandate, Northern Trust will provide custody, fund administration, regulatory reporting, investment operations outsourcing, ETF administration and…
Frontier launches on SEI platform
Frontier Asset Management, a U.S.-based firm, has selected SEI’s Advisors’ Inner Circle Fund series trust as its operational platform to launch six new active ETFs.
Komainu wins CoinShares ETF mandate
Komainu, the C.I.-based digital asset service provider and custodian which is backed by Nomura, has been chosen by CoinShares as custodian for the SEC-approved CoinShares Valkyrie Bitcoin Fund. CoinShares acquired Valkyrie Funds LLC earlier this year as part of its expansion into the U.S. market. This acquisition included the sponsor rights to the Valkyrie Bitcoin…
Brown Advisory selects SEI ETF platform
Brown Advisory has selected SEI’s Advisors’ Inner Circle Fund series trust as its operational platform to launch the Brown Advisory Flexible Equity ETF, the firm’s first ETF. The ETF was created through the conversion of taxable SMAs.
3EDGE selects SEI for ETF launches
3EDGE Asset Management has selected SEI’s Advisors’ Inner Circle Fund (AIC) series trust as its operational platform to launch four new NYSE-listed ETFs. AIC recently reached USD100bn in net assets, supporting 47 clients and 128 funds.
WisdomTree returns to BNY
BNY has been appointed by WisdomTree to provide custody, accounting, fund administration, ETF services and securities lending across its U.S.-listed ETFs, covering USD80.7bn AuM. BNY has also been awarded fund accounting and administration of WisdomTree’s Bitcoin ETF and suite of tokenised funds. The outgoing provider is State Street, which took the mandate from BNY over…