Bringing you live news and features since 2006 

Maples advises Source on launch of 35 exchange-traded products

RELATED TOPICS​

The Dublin office of Maples and Calder has advised Source UK Services on the launch of 13 exchange-traded funds and 22 exchange-traded commodities of up to EUR90bn.

The Dublin office of Maples and Calder has advised Source UK Services on the launch of 13 exchange-traded funds and 22 exchange-traded commodities of up to EUR90bn.

The launch represents the first product offering of Source UK, an open architecture platform created by Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley.

Nollaig Murphy, partner and head of the finance group at Maples (pictured), says: “We are delighted to work with Source UK on this exciting and innovative platform. By providing Irish legal advice and acting as EU listing coordinator to the ETC issuer on the platform, we continue to emphasise capabilities and recognised experience both domestically and internationally.”

Source UK recognises that despite recent market turbulence, demand for ETFs and similar products continues to grow. It believes that the market has even greater potential and that continuing innovation and an enhanced trading environment are critical for further growth.

Ted Hood, chief executive of Source, says: “We have been very impressed with the team at Maples. Through a combination of strong technical capability, responsiveness and commercial pragmatism, Maples have contributed significantly to the development and launch of our platforms.”

Maples and Calder is an international law firm which provides specialist advice on the laws of Ireland, the Cayman Islands and the British Virgins Islands to a global client base. Maples has established a significant presence and client base in the Irish market since opening its Dublin office in 2006.

Latest News

REX Shares has announced a strategic reorganisation that integrates its REX Shares, MicroSectors, and T-REX products, as well as REX..
Allspring Global Investments writes that as it builds an investment platform for the future, it has filed for exemptive relief..
LSEG Lipper writes that ETF promoters in Europe enjoyed estimated net inflows (+EUR25.1 billion) for May 2024...
The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..

Related Articles

Marcus Wayerer, Franklin Templeton
Franklin Templeton says that emerging markets are navigating a tricky environment at the moment, due to factors such as the...
Matt Barry, Touchstone Investments
Back in 2022, Cincinnati, Ohio-based Touchstone Investments launched its first four ETFs, having previously been predominantly a mutual fund company....
CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by