State Street IM and Ninety One announce strategic partnership

State Street Investment Management (IM) and Ninety One have announced a strategic partnership that will see the launch of a range of active co-branded exchange-traded funds (ETF).

Through the partnership, the investment management firms will collaborate to introduce a suite of new active ETF products, looking to provide investors across Europe, the Middle East, Latin America, and Asia-Pacific with access to asset classes across developed and emerging markets.

The initial launches will be focused on actively managed global equities and emerging markets UCITS ETFs.

The firms argued that ETF demand was growing as investors sought to diversity their portfolios amid ongoing geopolitical and macroeconomic uncertainty.

As part of the agreement, State Street IM will utilise its global distribution capabilities, ETF platform, and product structuring to bring the strategies to market at scale.

Meanwhile, Ninety One will make available its high-conviction active investment capabilities across global equities, specialist fixed income, and emerging markets, with its strategies to be complementary to State Street IM’s existing ETF product suite.

“This exciting evolution in State Street’s longstanding partnership with Ninety One has led to the creation of several deeply compelling investment opportunities across emerging and developed markets through a new suite of actively managed ETF products,” said State Street IM chief executive officer, Yie-Hsin Hung.

“Through this partnership, both firms will work in tandem to ensure that investors can benefit from the deeply compelling investment opportunities at play across both emerging and developed markets around the world.”

Ninety One founder and chief executive, Hendrik du Toit, added: “This partnership brings together Ninety One’s active investment capabilities with State Street IM’s global reach and ETF expertise, creating a powerful platform to deliver solutions for clients worldwide.

“We have long believed that uncertainty creates opportunity for active investors, and this partnership will provide access to an exciting high-quality active offering.”

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