From actively managed certificates and ETPs to credit-linked notes and digital securities, we transform investment strategies into compliant, bankable instruments across multiple jurisdictions.
Offer a bankable, ISIN-wrapped product under your own brand without building issuance infrastructure. We provide the SPV, listing, custody and lifecycle, you retain full portfolio discretion.
ISIN-based securities with dedicated compartments. Euroclearable, DVP settlement via investor's bank. Full discretion over portfolio composition. Also known as Exchange-Traded Products (ETPs) in the US market, providing bankable, ISIN-wrapped exposure to discretionary strategies.
Structured exposure to defined credit references. Custom payoffs for private credit, project finance, and structured lending. Ideal for professional investors seeking defined credit risk.
ISIN wrapper enabling booking, custody, and valuation within standard bank infrastructure. NAV-based performance replication for fund access and alternative strategies.
Digital representation of financial products enabling wider distribution, fractional ownership, and enhanced secondary market liquidity for structured products.
Comprehensive structuring and coordination for investment fund launches. Multi-jurisdictional capability with full service provider network.
Noray-issued AMCs and public ETFs both provide ISIN-wrapped exposure, but AMCs offer full discretion over portfolio composition without exchange listing requirements. ETFs must track a published index and trade on exchanges. AMCs are ideal for bespoke strategies and professional investors, while ETFs target retail distribution.
Yes — a Noray-coordinated AMC can hold virtually any underlying, including listed securities, private equity, real estate loans, private debt, derivatives, and alternative investments. This flexibility is one of the key advantages over traditional fund structures.
A white-label AMC from Noray Capital SA lets asset managers and wealth advisors offer their own branded investment product without building issuance infrastructure. Noray provides the structuring, SPV, ISIN and administration; the client retains full portfolio management discretion and branding.
Whether it's a listed portfolio, private loan, or alternative exposure, we help you transform it into a compliant, bankable security. Explore our multi-jurisdictional issuance platform.