Harbor Capital Advisors appoints State Street for ETF servicing

State Street has been appointed as the servicing agent for Harbor Capital Advisors’ first actively managed fully transparent fixed income ETFs, launched in September in the U.S. The two funds are the Harbor Scientific Alpha Income ETF (SIFI), and the Harbor Scientific Alpha High-Yield ETF (SIHY). State Street will provide various ETF servicing solutions, including basket creation, dissemination and settlement, custody, fund accounting, N-PORT production, order-taking and transfer agency. Harbor has been a State Street client for over 30 years. In addition to the recent expansion into ETF servicing, State Street continues to provide custody, fund accounting and N-PORT for USD58bn of assets.