State Street inks service deal for $40bn of VanEck assets

Jonathan Boyd
clock • 1 min read

State Street Corporation has expanded a servicing arrangement with VanEck to provide ETF services for some $40bn of the investment firm's client assets. The deal includes back office services, including accounting and certain administration functions, for more than 60 VanEck funds. Frank Koudelka, Global ETF product specialist at State Street, said:  "We are pleased to build on our existing relationship with VanEck and announce this new servicing arrangement. We continue to devote signi...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.