Capital Group has launched seven new equity and fixed income ETFs that seek to complement and expand its existing suite of active ETFs, bringing the current total to 21 ETFs. State Street, which is an existing ETF service provider for Capital, has been appointed as administrator and transfer agent for the new funds.
Category: State Street
Speridakos retires
Irene Speridakos has announced her retirement. Most recently, she was global head of investments managers at BNY, after spending more than eight years at State Street.
State Street wins in Brazil
State Street has been appointed by Bahia Asset Management, a hedge fund manager based in Rio de Janeiro, to provide a range of services including fund accounting, fund administration and investor servicing.
Lansdowne selects HUB for performance reporting
Lansdowne Partners, a UK-based active alternative investment firm, has selected HUB Performance Reporting, a SaaS solution that ingests and standardises data centrally and enables automated share class performance analysis. HUB Performance Reporting eliminates the need for manual data collation, preparation and analysis. HUB delivers a governed and standardised approach, enabling users to create and distribute…
State Street wins Lazard ETF mandate
Lazard Asset Management has launched its first ETF in Australia: the Lazard Global Listed Infrastructure Active ETF, which is listed on Cboe Global Markets. State Street Australia has been appointed custodian and administrator.
VanEck launches BTC ETF in Australia
VanEck has launched the first bitcoin ETF to be listed on the ASX in Australia. Gemini Trust Company has been appointed as bitcoin custodian, with Link Market Services Limited as registrar. State Street Australia Limited will act as administrator of the fund and custodian of the fund’s cash assets. This follows the recent launch of…
Monks defects from JPM to BNY
Shane Monks has joined BNY as global head of ETF and UIT operations, based in Boston. Monks joins from J.P. Morgan, after spending 15 years at State Street. This is the second major loss for J.P. Morgan from its ETF business, with Josh Jacobs recently moving to U.S. Bank. Vivian Tung, who was BNY’s global…
Monochrome launches Bitcoin ETF
Monochrome, an Australia-based ETF manager, has launched the country’s first directly held Bitcoin ETF. Vasco Trustees Limited is the Responsible Entity (trustee) of the fund and has engaged State Street as cash custodian and administrator for the ETF. Vasco has also appointed Gemini Trust Company, LLC as the fund’s Bitcoin custodian.
State Street wins Super mandate
State Street has been appointed as custodian and administrator for the >AUD30bn (USD20bn) in funds invested for members of Brighter Super, an Australian super. State Street will provide services to Brighter Super’s >130 portfolios across multiple asset classes including equities, fixed income, private assets and derivatives. Under the new mandate, State Street will provide Brighter…
Awqaf partners with Apex
Apex Group has been appointed by Awqaf Investment, the investment arm of the General Authority for Awqaf in Saudi Arabia, as its new strategic partner. Awqaf provides investment services to the non-profit sector. Apex Group will be providing fund accounting, transfer agency, and middle & back office outsourcing. In 2023 State Street completed implementation of…