State Street Expands Partnership with Thornburg to Support New ETF Share Classes
State Street Corporation has announced an expansion of its longstanding partnership with Thornburg Investment Management to provide services for Thornburg’s newly launched exchange-traded fund (ETF) share classes. The collaboration will focus on supporting the operational needs of these new ETF offerings, which represent a significant development in Thornburg’s investment product lineup.
Thornburg introduced ETF share classes as part of its mutual funds, marking a strategic move to offer investors greater flexibility and accessibility. State Street will deliver a range of services to support this initiative, including custody, accounting, and administrative solutions tailored specifically for ETFs. This builds upon the existing relationship between the two firms, which spans several years and includes various asset servicing arrangements. Both companies aim to leverage their combined expertise to ensure seamless operations for these innovative investment products.
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Date: April 9, 2026
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