ETF Securities appoints HSBC as global custodian and fund administrator
Media enquiries:
Rebecca Searl
M: +61 481 060 837
E-mail: rebecca.searl@hsbc.com.au
ETF Securities is Australia’s oldest independent provider of exchange traded funds and has maintained a track record of market innovation since launching the world’s first gold-backed ETF in 2003.
HSBC’s ability to provide a complete solution offering a global middle office, custody footprint and ETF administration underpinned by leading technology was critical in its appointment.
Enzo Cotroneo, Head of Securities Services for Australia and New Zealand at HSBC said: “We are excited to be partnering with ETF Securities as it leverages the full suite of our custody and fund administration services along with the broader universal banking capabilities offered by HSBC.”
HSBC BANK AUSTRALIA
In Australia, the HSBC Group offers an extensive range of financial services through a network of 45 branches and offices. These services include retail and commercial banking, trade finance, treasury and financial markets, payments and cash management and securities custody. Principal HSBC Group members operating in Australia include HSBC Bank Australia Limited (ABN 48 006 434 162 AFSL/Australian Credit Licence 232595) and The Hongkong and Shanghai Banking Corporation Limited (ABN 65 117 925 970 and AFSL 301737).