AllianceBernstein has appointed State Street as transfer agent for Taiwan’s first active bond ETF.State Street already services AB’s ETFs in U.S. and Australia.
Category: ETF
GQG partners with SEI for ETF launch
GQG Partners has selected the Advisors’ Inner Circle Fund series trust as its operational platform to launch its first ETF, GQG US Equity ETF. GQG’s ETF launch marks the expansion of its nine-year strategic partnership with SEI, which also services six mutual funds and a private fund for GQG. The new active U.S. Equity ETF…
North Square expands with Ultimus
North Square Investments has expanded its partnership with Ultimus Fund Solutions to include support across various product types, including mutual funds, a tender offer fund and, most recently, North Square’s inaugural ETF, North Square RCIM Tax-Advantage Preferred and Income Securities ETF. North Square, a multi-boutique investment firm, initially partnered with Ultimus in 2023 when it…
Turner joins BNY
Ed Turner has joined BNY as global product head for registered funds, ETFs, and insurance accounting, based in the UK. He was previously at HSBC.
PGIM appoints State Street for new ETF
PGIM, the asset management arm of Prudential with USD1.4trn AuM, has appointed State Street to support its first active global ETF in Taiwan.
BNY expands with Franklin Templeton
BNY has been appointed by Franklin Templeton to provide asset servicing and FX capabilities for its U.S.-listed ETF products. Franklin Templeton is expanding its long-standing relationship with BNY, which has supported the launch of three of Franklin Templeton’s digital asset ETFs, and will now be able to deliver the full scope of BNY’s ETF platform,…
SS&C to acquire Calastone
SS&C has reached a definitive agreement to acquire Calastone, the largest global funds network and provider of technology solutions to the wealth and asset management industries, from Carlyle. The purchase price is c. GBP766m (c. USD1.03bn), subject to certain adjustments. Headquartered in London, Calastone connects more than 4,500 financial organisations across 57 markets.
CSSF approves Waystone ETF platform
Waystone, the provider of specialist services to the global asset management industry, has secured approval from CSSF for its Luxembourg UCITS platform, Waystone UCITS Platform (Lux) SICAV to integrate an ETF operating model. This enables the launch of ETFs alongside traditional UCITS products, offering international asset managers an efficient plug-and-play solution for market entry into…
BNY wins (back) WisdomTree ETF mandate
BNY has confirmed that WisdomTree, Inc. to provide custody, depositary, accounting, fund administration and ETF services for its Europe-listed products. WisdomTree Europe has AuM totaling USD40.1bn. BNY is expanding its relationship with WisdomTree as custodian, administrator, securities lending agent and ETF servicing provider across its U.S.-listed products, to now include capabilities which support its Irish-domiciled…
State Street to service COtwo ETP
State Street has been appointed as fund administrator and transfer agent for the COtwo Advisors Physical European Carbon Allowance Trust (NYSE Arca: CTWO), the first US-listed exchange-traded product backed by physical European Union Allowances (EUAs). State Street will deliver ETF solutions, including fund accounting, administration, and transfer agency.