Citi expands ETF services for Tuttle Tactical Management to support its first actively-managed SPAC ETF
The new launch expands Citi’s existing relationship with Tuttle Tactical Management where it has provided fund services to its ETF since 2019.
The new launch expands Citi’s existing relationship with Tuttle Tactical Management where it has provided fund services to its ETF since 2019.
The move follows its acquisition of RBC’s Australian custody business back in March.
Dimensional recently announced plans it would convert six of its mutual funds into actively management, semi-transparent ETFs.
Sun Life’s fund is one of a growing number of ESG funds approved by the Hong Kong Securities and Futures Commission (SFC).
Citi and HSBC were the two custodian banks that facilitated the completion of the securities lending transactions in the China A-shares market.
The new role comes as a growing number of banks step up their exploration of DLT solutions and servicing tokenised assets.
Citi will provide custody and fund administration to four new ETFs launched by Emles Advisors.
The new ETF is the first of its kind in Hong Kong, and invests in a selection of regional Asia-Pacific REITs.
Previous investors JP Morgan, Citi and Goldman Sachs also contributed to the round, taking the total raised by AccessFintech to $37 million since 2018.