Ultimus Fund Solutions co-founder to retire
Mutual fund industry veteran Bob Dorsey will retire 20 years after co-founding Ultimus Fund Solutions in 1999.
Mutual fund industry veteran Bob Dorsey will retire 20 years after co-founding Ultimus Fund Solutions in 1999.
HSBC has recently been named the securities services provider for several new landmark ETF launches across APAC.
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.
Ultimus’ engagements with NYSE and Blue Tractor will allow its asset manager clients to bring semi-transparent ETF products to market quicker.
HSBC will provide custody and fund administration services to the CSOP Asset Management's newly-approved ETF in Singapore.
The potential for lending ETF units to generate additional yield could be significant, as investors focus on driving recovery in returns after the COVID-19 crisis.
The mandate includes a bundled package across fund administration, depositary and custody on HSBC's growing European ETF servicing platform.
The new ETF follows a ruling from Hong Kong’s SFC which relaxes rules for the master-feeder regime in the territory.