State Street and Van Lanschot Kempen introduce two active small cap ETFs
State Street Investment Management (State Street IM) and Van Lanschot Kempen Investment Management (Van Lanschot Kempen) are introducing two active exchange-traded funds (ETFs) focused on US small caps and Europe ex-UK small caps. The ETFs are being launched as part of the strategic partnership between Van Lanschot Kempen and State Street IM.
The new ETFs, named the State Street Kempen US Small Cap Active Equity UCITS ETF and the State Street Kempen Europe ex-UK Small Cap Active Equity UCITS ETF, will be established within State Street IM’s existing ETF umbrella and will be sub-advised by Van Lanschot Kempen.
Small-cap equities are attracting growing interest from European investors. The new active ETFs will each provide exposure to a portfolio of small-cap companies based on Van Lanschot Kempen’s fundamental investment approach.
The launch of the ETFs continues the expansion of State Street IM’s active ETF range, which has grown significantly over the last year in keeping with the evolving needs of its clients. For Van Lanschot Kempen, the active ETF range extends its franchise and offers investors an efficient and transparent way to access its expertise in U.S. and European small-cap stocks.
The strategies bring together Van Lanschot Kempen’s active small-cap investment expertise and State Street IM’s global ETF platform, extensive distribution network, and scale. The ETFs will be Article 8 funds for the purposes of SFDR and will integrate sustainability characteristics into the investment process.
Ann Prendergast, Head of EMEA at State Street Investment Management, commented: “Partnership is central to our work at State Street IM and the launch of these new ETFs, in conjunction with Van Lanschot Kempen, is a further example of this approach. By working with trusted, quality partners across the industry, we are able to accelerate innovation and deliver compelling new solutions to the market.”
Erik van Houwelingen, Member of the Management Board at Van Lanschot Kempen, responsible for Investment Management Clients, said: “Our collaboration enables us to bring our long-standing small cap expertise to the ETF market, expand our reach and deliver innovative solutions to our European clients. The combination of our active investment expertise with State Street IM’s global ETF platform offers clients a transparent and efficient way to access specialist strategies across regions.”