Asset Management

Citi makes investment in European ETF platform HANetf

The backing from US bank comes as European ETF assets continue to climb to new highs

Citi last year unveiled plans to enter the ETF sector with a new platform called Citi Velocity ETFs
Citi last year unveiled plans to enter the ETF sector with a new platform called Citi Velocity ETFs Photo: Mike Kemp/Getty Images

Citi has made an investment in European ETF white label platform HANetf, joining other minority shareholders which include Steve Cohen’s Point72 Ventures.

Established in 2017, HANetf was set up by former WisdomTree executives Hector McNeil and Nik Bienkowski. The firm helps asset managers launch ETFs by providing infrastructure to first-time issuers including product development, compliance, marketing and distribution.

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