Huntington Asset Advisors (Huntington) has selected Citi to provide fund administration, custody and index receipt services for Huntington Strategy Shares exchange traded funds (ETFs). The first Huntington ETF, Huntington Ecological ETF, launched on 20 June 2012 was followed by the Rotating Strategy ETF, launched 25 July.
“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 (CIO) of Huntington Funds. “Citi met all our project milestones and allowed us to focus our energy on launching a new product and building this business.”
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The dollar failed to recover against other major currencies on Monday following Friday’s disappointing US employment data announcement. This was coupled with ... read more
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