Ultimus enhances ETF service offering 07 October 2020London Reporter: Maddie Saghir
Image: peshkova/Adobe Stock
Ultimus Fund Solutions has expanded its exchange-traded fund (ETF) service offering in its sponsored series trusts to include active licensing for semi-transparent ETFs.
While Ultimus currently provides services for both active and passive ETFs, the firm now offers servicing of active semi-transparent ETFs through its series trust solution.
According to Ultimus’ executive vice president and head of fund administration and product Kevin Wolf, clients who want to offer ETFs have the opportunity to enter into a very mature series trust offering.
Wolf commented: “We have an abundance of experience in onboarding—whether onboarding within a series trust construct or in standalone structures. Then add in the expertise of our boards—with governance, consulting with our adviser-clients, accounting and financial backgrounds—and our size, scale and skill all make us unique as a fund administrator.”
“In addition, we’ve been layering on technology for nearly a decade, including proprietary technology that continues to streamline our processes.”
“Now we’re applying our knowledge, experience and efficient onboarding process to the semi-transparent ETF opportunity. And we are very enthusiastic about supporting our current and our future clients as they expand their product sets with ETFs,” Wolf added.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: peshkova/Adobe Stock 