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JPMorgan wins Nikkei ETF custody mandate
18 July 2011
CIBC Mellon, Lombard Risk and State Street also secure deals
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Russell
CIBC Mellon
Lombard Risk
JPMorgan Worldwide Securities Services (WSS) has been appointed by Precidian Funds, a wholly-owned subsidiary of Precidian Investments, to provide fund administration, fund accounting and custody services to its newly launched MAXIS Nikkei 225 Index exchange traded fund (ETF). The MAXIS Nikkei 225 Index Fund Is the first US-based Nikkei 225 ETF.
Precidian Investments, through an arrangement with Mitsubishi UFJ Asset Management, has been granted an exclusive licence to establish the only US...
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