The ETF market is experiencing significant change with the migration of mutual funds to actively managed ETFs, as well as innovation in new product types. Shawn McNinch, global head of ETF product and sales, and Ryan Sullivan, head of US ETF services at BBH, explain how custodians and fund administrators are adapting.
Tag: ETF servicing
Following a consultation with last year’s providers, Global Custodian has also introduced two new categories to the survey.
Citi’s services will also include portfolio composition file (PCF) creation and the use of its proprietary Advanced Citi ETF System (ACES) platform.
The head of BNY Mellon's ETF servicing business has left after more than three years with the bank based in Ireland.
Citi expands ETF services for Tuttle Tactical Management to support its first actively-managed SPAC ETF
The new launch expands Citi’s existing relationship with Tuttle Tactical Management where it has provided fund services to its ETF since 2019.
Dimensional recently announced plans it would convert six of its mutual funds into actively management, semi-transparent ETFs.
The mandate means State Street now services all four types of the semi-transparent, actively managed ETF structure.
The mandate includes a bundled package across fund administration, depositary and custody on HSBC's growing European ETF servicing platform.
In Global Custodian’s inaugural ETF administration survey, service providers face increasing demands to mature and scale services for this fast-growing market.