Flipping the script
COVID couldn’t stop the active to passive migration, but could new vehicles flip the script?
Tag: mutual funds
Adapting to ETF innovation
With assets under management in ETFs nearing $9 trillion, innovation has taken off with products focusing on everything from ESG to Bitcoin. A growing number of asset managers are also converting mutual funds into actively managed ETFs, and interest in non-transparent ETFs is beginning to rise following their introduction last year. How are service providers catering for this innovation and what are the pressing needs from providers to support these products?
Fund Administration
Fireside Friday with … State Street’s Frank Koudelka
State Street reached its latest milestone of providing services to over $5 trillion of global ETF assets. Frank Koudelka, State Street’s ETF product specialist, details the recent changes the bank has made to its ETF servicing model.
Citi supports industry milestone following largest mutual fund to ETF conversion
The move of this size has been described as pioneering, with many other fund managers also looking to transition into the ETF space.
Standard Chartered becomes first foreign bank to close two milestone custody mandates in China
Two mandates make the custodian the first foreign bank to execute deals in both domestic mutual fund and WFOE segments.
Custodians buoyed by sharp rise in China’s mutual fund launches
New public mutual fund launches in China totalled $163 billion (RMB 1.07 trillion) in the first quarter of the year.
BBH supports landmark conversion of the first mutual fund to ETF
The move represents a major milestone as the active ETF industry looks to compete against a struggling mutual fund market.
Active ETFs gather momentum as asset managers eye mutual fund conversion
Brown Brothers Harriman is working with Guinness Atkinson Asset Management for the first conversion of two mutual funds to become active ETFs.
Citi to provide securities services to Dimensional Fund Advisors’ newly converted ETFs
Dimensional recently announced plans it would convert six of its mutual funds into actively management, semi-transparent ETFs.
State Street renews accounting mandate for Neuberger’s $40bn mutual funds
State Street has extended its 40-year asset servicing relationship with Neuberger Berman to provide accounting services for its US mutual funds.