Citi to provide securities services for Elmes Advisors’ ETFs
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Citi to provide securities services for Elmes Advisors’ ETFs 20 October 2020New York Reporter: Maddie Saghir
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Citi has been appointed by Emles Advisors, a New York-based asset management firm, to provide securities services for its new family of exchange traded funds (ETFs).
As part of the mandate, Citi will provide fund administration, global custody, transfer agency and ETF services.
Elmes’ CEO and founder Gabriel Hammond explained Citi was chosen as its ETF servicing agent because of their “proven track record supporting innovation and their ability to bring new products to market quickly”.
Dominic Crowe, North America head of custody and fund services at Citi, commented: “We are proud to have been selected by Emles as their partner for growth as they bring their first ETFs to market. This is the beginning of a new journey for Emles, and we look forward to supporting their progress as they expand their business.”
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