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.
Janus Henderson Group recorded an 8 per cent rise in revenue year-on-year for the September quarter, as positive market movements boosted it...
Magellan co-founder and chair Hamish Douglass has outlined areas of focus for investors as the US election creeps closer, warning there are ...
AMP may have delivered an eleventh-hour turnaround with the revelation that US private equity giant Ares is looking to buy 100 per cent of i...
Get notifications in real-time for staying up to date with content that matters to you.
Read More