State Street has been appointed by Thornburg Investment Management to provide end to end servicing support for Thornburg’s new ETF share classes. Thornburg is a privately owned investment firm with c. USD57bn AuM. Under the expanded mandate, State Street will deliver ETF servicing for Thornburg’s new share classes, including custody, accounting, ETF basket creation, create and redeem order management, ETF settlement, transfer agency, and reporting. The expansion builds on a relationship that began in 1987. Today, State Street provides full service support across Thornburg’s product lineup, including mutual funds, ETFs, closed end funds, and UCITS vehicles.
