The United States Natural Gas Fund, LP, a commodity-based exchange traded fund (ETF) investing in natural gas futures contracts, has selected Brown Brothers Harriman (BBH) to act as the fund’s full service custodian and administrator.
“BBH is providing UNG with custody, cash management, administration and transfer agency,” said Nicholas Gerber of Victoria Bay Asset Management, which manages the gas fund. “Through the launch of our first ETF, United States Oil Fund, LP, BBH demonstrated that it is a leading edge provider of these services to ETFs and the wider financial services industry.”