State Street to support new Columbia Threadneedle ETF
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State Street to support new Columbia Threadneedle ETF 09 January 2025US Reporter: Zarah Choudhary
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State Street has announced that it has been appointed as the service provider for Columbia Threadneedle Investments’s newly launched UCITS actively-managed ETFs.
State Street provides end-to-end service support, including custody, depositary, fund accounting, ETF basket creation, create/redeem order management, ETF settlement, transfer agency, and reporting.
Ken Shaw, head of EMEA ETF Product at State Street, says: "We’re pleased to support Columbia Threadneedle as they implement their actively managed ETFs in the European market.
“Our global leadership with ETFs and our robust operational infrastructure uniquely position us to support Columbia’s important launch.”
Richard Vincent, head of product, EMEA at Columbia Threadneedle, says: “Expanding investor access through innovative structures like ETFs is core to our mission.
“State Street’s consultative support, technology and ETF servicing expertise have been instrumental in preparing for this launch.”
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