HANetf’s Appoints Tranche of Service Providers To Support On-Platform Fund Clients
- HANetf further expands ecosystem of expert
ETF service providers
- Penserra and Vident to provide portfolio management service option to
on-platform fund clients
- HSBC added
to list of market makers
- Barriers to European ETF market lowered by Europe’s first independent
white-label platform
London, 20 September
2018 – HANetf, Europe’s first independent ‘white-label’ UCITS ETF platform,
is pleased to confirm a raft of new service provider appointments ahead of
looming ETF launches. HSBC joins HANetf’s expanding list of APs and Penserra
Capital Management LLC and Vident Investment Advisory, LLC, have been appointed
to provide portfolio management services to funds on the HANetf white-label
platform.
Vident and Penserra are both highly experienced in providing
portfolio management and sub-advisory support to ETFs across asset classes and
strategies, and bring deep knowledge in balancing the multiple objectives of
maintaining low tracking error, tax efficiency and liquidity in diverse, global
portfolios.
The companies were selected following an exhaustive due
diligence process and further add to the ecosystem of world-class service
partners supporting the HANetf platform which provides a full operational,
regulatory and distribution for asset managers who want to successfully launch
and manage UCITS ETFs.
HANetf clients will be able to take advantage of this
continually expanding expert ecosystem as they join and issue ETFs through the
platform, rather than developing their own networks and relationships from
scratch.
Nik
Bienkowski, co-Founder and co-CEO at HANetf, said: “HANetf has brought a unique proposition to the European ETF
market – enabling asset managers with no ETF experience or infrastructure to
enter this high-growth industry though a full-service white-label solution. The
appointment of Penserra and Vident adds to HANetf’s extensive network of expert
service providers, giving asset managers confidence knowing that their UCITS
ETFs will be supported by portfolio managers deeply familiar with the
requirements of ETF issuers and investors.”
Dustin
Lewellyn, Chief Investment Officer at Penserra said: “We are excited to partner with
HANetf to help bring a best in class portfolio management solution to their
platform.”
Denise
Krisko, President of Vident Investment Advisory commented:
"Vident is pleased to be partnering with such a distinguished team
of experts at HANetf. We look forward to applying our ETF
sub-advisory expertise to HANetf UCITS ETFs and providing highly effective
service to HANetf clients."