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Industry news

Universal Investment Group appoints BNY to service Irish ETF platform


29 May 2026 Ireland
Reporter: Zarah Choudhary

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Image: merida/stock.adobe.com
Universal Investment Group has appointed BNY as its servicing partner for its Irish ICAV-based exchange-traded fund (ETF) platform.

The firm says the appointment marks a key milestone as the business gets ready to host the first products on its platform to meet growing client demand.

Under the partnership, BNY will provide fund administration, depositary services, and ETF specific operational support, enabling a full-service solution for the growing number of asset managers seeking to launch ETFs in Europe.

Universal Investment will steer and manage the overall platform, offering comprehensive management company services and capital markets functionality for ETFs from a single source, supported by a specialised partner network with deep ETF expertise, scalable infrastructure, and high?quality administration.

Ronan Doyle, chief product officer at Universal Investment, says: “For nearly 60 years Universal Investment has helped our clients grow and unlock scale as markets evolve. We are seeing very strong demand from clients seeking to access the active ETF space, and are excited to work with BNY to support our expansion in this strategically important area.”

Ben Slavin, global head of ETFs at BNY, adds: “Europe’s active ETF market is at an inflection point and we’re excited to work with Universal Investment as they look to capitalise on that opportunity. BNY’s servicing model gives asset managers the scale and infrastructure they need to launch efficiently and grow with confidence.”
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