In Global Custodian’s inaugural ETF administration survey, service providers face increasing demands to mature and scale services for this fast-growing market.
Gallagher, who was named on of GC’s 30 People to Shape the Future last year, has taken on a new role within the bank' s wider US investment bank business.
The US bank has promoted its global head of fund accounting to the role responsible for the delivery of client service and solutions within securities services.
Services to include global and domestic custody, institutional accounting and securities lending for the agency.
CIBC Mellon will provide custody and fund accounting services to 14 CI WisdomTree ETFs with $1 billion in assets under management (AuM).
Custodian to provide fiduciary duties, fund administration as well as transfer agency services to Hong Kong OFC fund.
Responsibilities for JP Morgan's US custody and ETF product development will be taken on by the bank's head of global custody.
The leadership changes sets out new roles and responsibilities focusing on strategy and client engagement for BNY Mellon's ETF servicing business.
Chicago-headquartered custodian has created a service to cover all points of the investment lifecycle with landmark BlackRock partnership becoming a key component of the plan.
HSBC will be its primary service provider for TIH's newly launched Asian active engagement Vastana Fund.