BNP Paribas is building a new global digital portal where asset managers would be able to access valuable ETF data regardless of their domicile.
The new global survey will rate providers based on client feedback in a number of key ETF service areas, and will go live on Monday 6th April.
Fund administrators in Europe are hoping to capitalise on the rush to ETF strategies among asset managers and institutional investors .
Fund assets serviced in Ireland by the global custodians rose by 6.2% to reach nearly $4 trillion at the end of June 2019, according to new research.
The seismic shift from active to passive management spells significant implications for traditional investment managers.
In the third part of our ‘what to look out for in 2020’, we ask industry experts’ for their input on investment in the securities services industry.
State Street says it now administers nearly 70% of US ETF assets under management after a series of mandate wins.
The new ETF structure could encourage asset managers who have, in the past, shied away from passive investing to transition.
The win further strengthens State Street’s position as the largest asset servicing provider for exchange traded funds (ETFs).
Europe's largest asset managers are working towards launching new and transitioning current Irish-domiciled ETFs to an ICSD settlement structure.