ANZ ETFs Management has appointed JP Morgan to provide global custody services for equity ETFs.
Six new ANZ ETFs will be listed on the ASX over the coming weeks, with JP Morgan to provide custody, fund, execution and FX services to three ANZ equity-linked products.
ANZ ETFS co-head Adam Smith said: “It was essential that our chosen listed equities custody provider have the capability to assist us in establishing the offering and delivering the services required to support our growth plans.”
“JP Morgan understands the markets business and our customers.”
JP Morgan Investor Services executive director and senior relationship manager David Brown said: “The role of the custodian continues to evolve and our partnership with ANZ ETFS is further evidence of this shift.”
“ANZ ETFS engaged JP Morgan in the early stages of this project to ensure the benefits of our custodial expertise and extensive knowledge supported the product development process,” Mr Brown said.
ANZ ETFS is a joint venture between ANZ and London-based ETF Securities.
The major life insurer has confirmed that 50 employees have lost their jobs amid a shakeup of the group's direct sales business. ...
A handful of the world’s finance leaders including IMF head Christine Lagarde have postponed travel plans to the Middle East following sho...
Firetrail Absolute Return Limited has withdrawn its listed investment company IPO offer which was scheduled to close on Friday. ...