Euroclear welcomes Lunate as first Middle Eastern ETF issuer on its global platform
Euroclear has announced that Lunate has launched its Irish domiciled Exchange Traded Funds (ETFs) on Euroclear’s funds platform.
The Abu Dhabi-based global investment management firm becomes the first in the Middle East region to issue an UCITS ETF under the International Central Securities Depository (ICSD) model, leveraging Euroclear’s resilient infrastructure and global distribution network.
By launching its funds on the home for International Exchange Traded Funds (iETFs), Lunate will not only be able to leverage an efficient distribution network within Europe, but also benefit from Euroclear’s global connectivity, gaining access to major markets in Asia, Latin America, and the Middle East.
Lunate’s Boreas thematic ETFs range is designed to provide diversified exposure to long-term, structural themes expected to drive future economic value. The growing Boreas range currently includes three ETFs, offered across multiple listing venues and trading currencies.
The two ETFs issued in Euroclear Bank are Boreas S&P AI Data, Power & Infrastructure UCITS ETF and Boreas S&P Absolute Luxury UCITS ETF. Both funds are listed on Frankfurter Stock Exchange (Xetra) and the Abu Dhabi Securities Exchange (ADX).
The ICSD model has become an industry standard, because it consolidates liquidity into a single pool across currencies and concentrates both primary and secondary market activity in one location, whether traded on exchanges or over-the-counter. This makes ETF investing more efficient, safer and more accessible for all types of investors.
“We are delighted to welcome Lunate as the first Middle Eastern ETF issuer on our iETF platform,” said Mohamed M’Rabti, Global Head of Sales of Asset Managers and ETF at Euroclear. “Lunate’s decision to adopt the ICSD model reflects the growing demand for efficient, liquid, and globally scalable ETF structures. This is an important step for Lunate’s international ambitions and for our continued role as a key infrastructure for ETF issuers worldwide.”
“Launching our ETFs on Euroclear’s iETF platform is an important milestone in broadening investor access globally,” said Sherif Salem, Partner and Head of Public Markets at Lunate. “The ICSD model provides the operational efficiency, transparency, and reach required to support international distribution. Partnering with Euroclear enhances our global distribution capabilities and makes it easier for investors to access our ETFs across multiple markets.”
