State Street said it will provide end-to-end ETF servicing for Thornburg Investment Management’s share-class structure, marking one of only two such mandates in the US market.
State Street Corporation has expanded its relationship with Thornburg Investment Management to support exchange-traded fund (ETF) share classes. State Street will provide ETF servicing across the full operational lifecycle The agreement extends a partnership that began in 1987 and positions State Street as the servicing provider for Thornburg’s ETF share-class structure as the asset manager broadens the distribution of its actively managed strategies. State Street noted that &n