Bringing you live news and features since 2006 

State Street appointed service provider for Neuberger Berman’s first actively managed thematic ETFs  


State Street Corporation has been appointed service provider by Neuberger Berman for the firm’s first actively managed ETFs.

As part of the appointment, State Street is providing ETF basket services, custody, fund accounting, fund administration, order-taking and transfer agency services.

Neuberger Berman launched its first actively managed ETFs in April 2022. The three new ETFs will invest in companies related to the following distinct thematic megatrends: technology disruption, digitally connected consumers, and infrastructure-enabling decarbonisation.


Managed by Neuberger Berman, the ETFs are an extension of the firm’s thematic equity investment capabilities utilising traditional fundamental equity research along with alternative data capabilities and consideration of material ESG factors.


The funds are listed on the New York Stock Exchange as:

  • Neuberger Berman Connected Consumer ETF (NBCC)
  • Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT)
  • Neuberger Berman Disrupters ETF (NBDS)


“It’s been tremendously rewarding to be working with Neuberger Berman on the launch of their first active ETFs,” says Frank Koudelka, global ETF product specialist at State Street. “Our team has a long history and strong relationship with Neuberger Berman. We are very pleased to see our partnership — which focused on a consultative and educational approach – provided a foundation for their first move into active ETFs.”


“Neuberger Berman is pleased to be working alongside State Street, a consultative leader in the ETF industry, for the launch of these investment strategies,” says Patrick Lomelo, Global Head of Operations at Neuberger Berman. “Their impressive track record with ETFs made them the right partner as our firm enters this important new market.”


Latest News

Despite a small contraction in assets caused by a complex market and macroeconomic scenario in Europe and at the global..
State Street Global Advisors, the asset management business of State Street Corporation, has published the results of its Gold ETF..
HANetf has announced that Sprott Uranium Miners UCITS ETF (URNM) has reached USD108.18 million AUM for the first time since..

Related Articles

Europe’s thematic ETF provider, Rize ETF, has been acquired by ARK Invest LLC, the parent of ARK Investment Management LLC,...
Jeff Ringdahl, Resolute Investment Management
End of August saw the launch of alternatives firm Man Group’s first ETF, using its AHL systematic trading system to...
Arne Noack, DWS
July saw the launch of DWS Group’s Xtrackers US Green Infrastructure Select Equity ETF (NASDAQ: UPGR) designed to offer both...
Alex Morris, F/m Investments
F/m Investments LLC, a wholly owned subsidiary of Diffractive Managers Group, LLC, has taken quite another route with its exemptive...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by