Janus Henderson Tabula and HSBC choose Clearstream’s ICSD issuance model for Luxembourg-domiciled CLO ETF
Janus Henderson, which already has a track record in CLO issuance in the US, has entered the growing European market and chosen Clearstream’s ICSD issuance model to launch their first European CLO ETF.
HSBC Securities Services (Adminstrator and Custodian) are servicing the ETF through their integrated ETF Platform Solutions, providing a complete range of services across the full value chain.
ETF Platform Solutions | Solutions | HSBC
Waystone, a leading provider of specialist services to the global asset management industry, was appointed as the Management Company for Janus Henderson Tabula’s CLO ETF.
Waystone is a leading independent Management Company and ETF specialist, partnering with leading financial institutions to build and distribute quality investment products to investors.
The ICSD issuance model is one of Clearstream’s proven solutions for ETF issuance tailored to different needs of ETF issuers, which services ETFs issued within the pan-European ICSD settlement platform. By using this model, ETF issuers, their administrators and market participants can leverage direct setup and connectivity through Clearstream, facilitating efficient issuance, trading and post-trade activity in the ICSD and CSD universes. Centralisation of securities within the ICSD infrastructure reduces costs and post-trade fragmentation.