Citi to guard Huntington ETFs 26 July 2012New York Reporter: Georgina Lavers
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Citi has been appointed by Huntington Asset Advisors to provide fund administration, custody and index receipt services for Huntington Strategy Shares ETFs.
The first ETF Huntington Ecological was launched on 20 June, followed by the Rotating Strategy ETF on the 25th.
"We have a long-standing relationship with Citi and we knew we could rely on their expertise to provide valuable insight on how to develop active ETFs," said Randy Bateman, president and chief investment officer of Huntington Funds.
"We are excited about extending our relationship with Huntington Asset Advisors through the launch of the US ETF servicing platform for their active ETF Trust," said Chandresh Iyer, global head of Custody and Investment Administration Services, Citi.
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