The partnership enables fund issuance and share-class expansion without relying on external operational structures.
Germany’s First Private Investment Management (First Private) has formed a strategic technology partnership with infrastructure fintech provider NaroIQ to launch and manage active exchange-traded funds (ETFs) alongside its mutual funds and mandates. The first ETF launch has been planned for the second half of 2026 As part of the collaboration, the first ETF launch has been planned for the second half of 2026, with plans to offer ETF share classes for mutual funds going forward. Furthe