The active ETF market continues to grow, as does State Street’s ETF servicing business through new mandate wins.
Tag: State Street
BestX will provide equities TCA via its platform as State Street looks to provide multi-asset analytics to clients.
The bank is currently in the process of bringing its $3.1 trillion asset management arm onto the front-to-back Alpha platform.
The Boston-based global custodian reported increases in servicing fee revenue and assets under custody, driven by higher client activity and net new business.
The new venture, which State Street will retain a minority interest in, will combine the custody expertise of State Street with FNZ’s international platform.
BNY Mellon, Citi, and State Street take part in initiative designed to transform and automate the current capital markets infrastructure.
New research from State Street shows the majority of institutional investors have faith in their asset managers’ ability to navigate the crisis.
Fidelity is the first asset manager to receive regulatory approval for three semi-transparent ETF products using its own proprietary proxy basket methodology.
With some of the world's largest ETF issuers launching new semi-transparent products, custodians and fund administrators are in a unique opportunity to bridge the gap between the active and passive investment community.