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Ishares Migration

Switzerland
Deutsche Bank cross-lists high yield corporate bond ETF
Deutsche Bank is cross-listing its db x-trackers USD High Yield Corporate Bond UCITS ETF DR (XUHY) into Switzerland. XUHY tracks the Bloomberg Barclays US High Yield Very Liquid Index ex 144A using selective sampling.

Corporate action:
BlackRock intends to migrate German ETFs to Ireland
BlackRock intends to migrate its German ETFsto its Ireland-domiciled iShares ETF ranges. The migration, which is subject to regulatory approval, is a response to the German Investment Tax Reform (“Investmentsteuerreform”), BlackRock said in a press release.

BlackRock manages 54 German-domiciled iShares ETFs which had a combined AUM of US$55.4bn. BlackRock's Irish iShares ETF range consists of 266 ETFs with US$294.5bn AUM.

The announcement is available here. We are in conversation with ishares about this as there will be ISIN changes without a takeover or merger, when we have more details we will update.

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Ultumus

Ultumus is a leading provider of ETF and index data, calculation, and workflow solutions, and the largest independent PCF calculation agent globally. Owned by SIX, which operates the SIX Swiss Exchange and BME Exchange in Spain, Ultumus delivers essential infrastructure to the global ETF ecosystem. Founded in 2016, Ultumus captures, normalises, enriches, and distributes index and ETF data, with an ETF Order Management System that processes creation and redemption workflows straight through to more than 35 APs, transfer agents, and custodians. Trusted by asset managers, issuers, and authorised participants worldwide, Ultumus is headquartered in London, with offices in Singapore, Hong Kong and the US supporting clients globally. For more information, visit www.ultumus.com, follow Ultumus on LinkedIn, or contact us.

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