State Street Corporation (NYSE:STT) today announced that it has
been appointed to provide a range of ETF servicing solutions for
three Natixis Investment Managers’ active exchange-traded funds
(ETFs). The funds, which are listed on NYSE Arca, Inc., include
Natixis U.S. Equity Opportunities (EQOP), Natixis Vaughan Nelson
Select ETF (VNSE) and Natixis Vaughan Nelson Mid Cap ETF (VNMC).
Natixis is leveraging the NYSE Proxy semi-transparent model.
Natixis first entered the US active ETF market in 2016, and is
continuing to build out its offerings for investors.
“We are pleased to continue expanding our relationship with
Natixis Investment Managers to support their innovative
advancements in the ETF market; in fact, their launch of EQOP
represents the first semi-transparent active ETF issuer to leverage
a multi-manager approach,” said Frank Koudelka, global ETF Product
Specialist at State Street. “This new chapter in our nine-year long
relationship with Natixis signifies the positive outcome of our
commitment to creating cutting-edge ETF servicing solutions.”
State Street will be performing basket creation, NAV
dissemination, settlement, custody, financial reporting, fund
accounting, order-taking, performance and investment analytics, and
transfer agency services for the ETF funds. For this partnership,
State Street developed custom automated processes to handle the
custody and accounting allocations from the fund’s composite to its
sleeves for the multi-manager ETF (EQOP). Additionally, State
Street’s performance and investment analytics team automated the
aggregation process to combine the sleeves’ holdings from a
composite level, allowing for comparison to the complete trading
basket.
“Investors increasingly demand innovative investment strategies
and require new vehicles to support those needs. State Street has
consistently supported us in meeting client demand and we look
forward to our ongoing partnership,” said Nick Elward, Head of
Institutional Product and ETFs in the Strategic Product and
Marketing Group at Natixis Investment Managers.
With more than twenty years of servicing ETFs, State Street is
the largest global ETF service provider, servicing close to 60% of
global & 70% of US ETF assetsi, and is the only provider
serving all major ETF regions.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's
leading providers of financial services to institutional investors
including investment servicing, investment management and
investment research and trading. With $33.52 trillion in assets
under custody and/or administration and $3.05 trillion* in assets
under management as of June 30, 2020, State Street operates
globally in more than 100 geographic markets and employs
approximately 39,000 worldwide. For more information, visit State
Street's website at www.statestreet.com.
* Assets under management as of June 30, 2020 includes
approximately $67 billion of assets with respect to which State
Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as
marketing agent; SSGA FD and State Street Global Advisors are
affiliated.
© 2020 State Street Corporation - All Rights Reserved
Expiration Date: September 30, 2021
3244795.1.1.GBL.RTL
About Natixis Investment Managers
Natixis Investment Managers serves financial professionals with
more insightful ways to construct portfolios. Powered by the
expertise of more than 20 specialized investment managers globally,
we apply Active Thinking® to deliver proactive solutions that help
clients pursue better outcomes in all markets. Natixis Investment
Managers ranks among the world’s largest asset management firms1
with more than $1 trillion assets under management2 (€906.0
billion).
Headquartered in Paris and Boston, Natixis Investment Managers
is a subsidiary of Natixis. Listed on the Paris Stock Exchange,
Natixis is a subsidiary of BPCE, the second-largest banking group
in France. Natixis Investment Managers’ affiliated investment
management firms include AEW; Alliance Entreprendre; AlphaSimplex
Group; DNCA Investments;3 Dorval Asset Management; Flexstone
Partners; Gateway Investment Advisers; H2O Asset Management; Harris
Associates; Investors Mutual Limited; Loomis, Sayles & Company;
Mirova; MV Credit; Naxicap Partners; Ossiam; Ostrum Asset
Management; Seeyond; Seventure Partners; Thematics Asset
Management; Vauban Infrastructure Partners; Vaughan Nelson
Investment Management; Vega Investment Managers;4 and WCM
Investment Management. Additionally, investment solutions are
offered through Natixis Investment Managers Solutions, and Natixis
Advisors offers other investment services through its AIA and MPA
division. Not all offerings available in all jurisdictions. For
additional information, please visit Natixis Investment Managers’
website at im.natixis.com | LinkedIn:
linkedin.com/company/natixis-investment-managers.
Natixis Investment Managers’ distribution and service groups
include Natixis Distribution, L.P., a limited purpose broker-dealer
and the distributor of various U.S. registered investment companies
for which advisory services are provided by affiliated firms of
Natixis Investment Managers, Natixis Investment Managers S.A.
(Luxembourg), Natixis Investment Managers International (France),
and their affiliated distribution and service entities in Europe
and Asia.
About Natixis Investment Institute
The Natixis Investment Institute applies Active Thinking® to
critical issues shaping the investment landscape. A global effort,
the Institute combines expertise in the areas of investor
sentiment, macroeconomics, and portfolio construction within
Natixis Investment Managers, along with the unique perspectives of
our affiliated investment managers and experts outside the greater
Natixis organization. The goal is to fuel a more substantive
discussion of issues with a 360° view of markets and insightful
analysis of investment trends.
1 Cerulli Quantitative Update: Global Markets 2020 ranked
Natixis Investment Managers as the 17th largest asset manager in
the world based on assets under management as of December 31,
2019.
2 Assets under management (“AUM”) as of June 30, 2020 is
$1,017.7 billion. AUM, as reported, may include notional assets,
assets serviced, gross assets, assets of minority-owned affiliated
entities and other types of non-regulatory AUM managed or serviced
by firms affiliated with Natixis Investment Managers.
3 A brand of DNCA Finance.
4 A wholly-owned subsidiary of Natixis Wealth Management.
______________________________________ i Statistics compiled
using ETFGI’s ETF Monthly Insights as-of July 2020 and State
Street’s internal research
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version on businesswire.com: https://www.businesswire.com/news/home/20200917005615/en/
Zarna Patel zpatel@statestreet.com +1 617 756 2911
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