State Street Corporation (NYSE: STT) has announced that it has begun working with Capital Group on servicing of the investment management firm’s first actively managed ETFs that launched in February 2022.
State Street Corporation has announced that it has begun working with Capital Group on servicing of the investment management firm’s first actively managed ETFs that launched in February 2022.
ETF custodian and administrator Brown Brothers Harriman & Co and fixed income ETF issuer BondBloxx Investment Management Corporation have announced their strategic partnership. BBH will provide custody, administration, accounting, and transfer agency for BondBloxx’s upcoming initial product launch.
State Street Corporation has announced that it has been appointed as the back office servicing agent for Harbor Capital Advisors’ first actively managed fully transparent fixed income ETFs that were launched in September in the US.
ETF and hedge fund technology specialist Truss Edge has released a major new upgrade for its technology platform which includes a number of improvements for asset managers.
State Street Corporation has announced that it has begun working with Putnam Investments on the servicing of the investment management firm’s first actively managed, semi-transparent ETF. Putnam leverages a proxy-based actively managed ETF model for the funds.
Grayscale Investments has announced that it has selected BNY Mellon as an asset servicing provider for Grayscale Bitcoin Trust (OTCQX: GBTC), the flagship product of Grayscale Investments LLC (Grayscale).
As managers continue to look for opportunity beyond their domestic borders, their need for service providers who provide a consistent experience across jurisdictions becomes more pronounced. Further, having that experience tailored to their unique needs is held in even higher esteem.
State Street Global Services: Best ETF Fund Administrator & Best European Smart Beta ETF Provider – Ciarán Fitzpatrick, head of ETF servicing for Europe for State Street, explains that the firm supports 67 per cent of the European market for ETFs, 84 per cent of those registered in Ireland and 47 per cent of those registered in Luxembourg, the two largest domiciles in Europe for ETFs.
BNY Mellon has been appointed by United States Commodity Funds (USCF) to provide ETF services — including serving as its custodian, fund accountant and administrator and transfer agent. The conversion was completed on 1 April.