Reported about 6 hours ago
Citi has made a minority equity investment in HANetf, a European white-label ETF provider, to strengthen its upcoming ETF white-label platform. This partnership allows Citi to delegate capital markets operations to HANetf, which has been in the white-label ETF business since 2017 and currently serves 22 clients. The investment aims to leverage growing interest in ETFs among asset managers, and Citi’s ETF platform is expected to launch later this year.
Source: YAHOO