State Street has been appointed to provide a range of ETF servicing solutions for three active ETFs for Natixis Investment Managers. Natixis is leveraging the NYSE Proxy semi-transparent model. State Street will provide basket creation, NAV dissemination, settlement, custody, financial reporting, fund accounting, order-taking, performance and investment analytics, and transfer agency services.
Nick Elward, head of institutional product and ETFs in the strategic product and marketing group at Natixis, said: “Investors increasingly demand innovative investment strategies and require new vehicles to support those needs. State Street has consistently supported us in meeting client demand and we look forward to our ongoing partnership.” Natixis first entered the US active ETF market in 2016.