State Street Corporation has been named the service provider for Columbia Threadneedle Investments’ newly launched UCITS actively‑managed ETFs, including the CT QR Series US Equity Active UCITS ETF and the CT QR Series European Equity Active UCITS ETF, which were launched in early January 2026 following regulatory approval in October 2025.
The partnership expands State Street’s ETF servicing footprint to more than 3,099 ETFs and $7.44 trillion in assets under management across 15 countries, reinforcing its position as the world’s #1 ETF servicer. It also gives State Street a new client base in Europe, adding recurring servicing fees and cross‑sell opportunities in custody, securities finance and transfer agency.
Columbia Threadneedle, which manages approximately $675 billion in assets, is entering the UCITS ETF market, reflecting the broader trend of active ETFs. The deal leverages State Street’s end‑to‑end servicing capabilities—including custody, fund accounting, basket creation and transfer agency—to support the launch and ongoing management of the ETFs.
Ken Shaw, head of EMEA ETF Product at State Street, said the partnership positions State Street to support Columbia’s launch and highlights the company’s robust operational infrastructure. Richard Vincent, head of Product, EMEA at Columbia Threadneedle, emphasized that State Street’s consultative support and technology were instrumental in preparing for the launch.
The deal underscores the growing demand for actively managed UCITS ETFs in Europe and positions State Street to capture additional fee‑based income. It also signals confidence in the active ETF market, which saw a 73% increase in global active ETF inflows in H1 2025, and supports State Street’s strategy to grow fee‑based income through platform‑enabled solutions.
With the launch of the two initial ETFs and plans for Emerging Markets and Global ETFs in the coming months, the partnership is expected to strengthen State Street’s European presence and provide a platform for future product expansions.
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