Waystone, a European provider of specialist services to the global asset management industry, has been appointed as ManCo by American Century Investments for its first European ETFs. The two UCITS ETFs – Avantis Global Small Cap Value UCITS ETF and Avantis Global Equity UCITS ETF – have been launched under American Century’s quantitative investment unit, Avantis Investors, one of the largest active ETF brands in the U.S. with >USD50bn AUM. The funds now trade on Deutsche Börse.
