Waystone has announced that its Luxembourg UCITS Platform, “Waystone UCITS Platform (Lux) SICAV”, has been approved by the Luxembourg Financial Sector Supervisory Commission (CSSF) for the integration of an ETF operating model.
The firm writes that this milestone enables the launch of ETFs alongside traditional UCITS products, offering international asset managers an efficient “plug-and-play” solution for market entry into Luxembourg.
This latest approval builds on the momentum of Waystone’s Irish ETF white-label solution, the firm writes, which went live in 2024, and marks the next step in expanding cross-border distribution opportunities for global clients.
Waystone reports that it has recently seen a sharp increase in demand for its ETF platform solutions, particularly from active managers who see significant value in accessing a complementary set of capabilities – enabling them to scale more efficiently and accelerate entry to the ETF market.
Luxembourg was selected due to its position as a leading cross-border fund domicile and the platform is fully ETF-ready and underpinned by a high-quality operational and regulatory framework.
Paul Heffernan, CEO – Waystone ETFs says: “The ETF conversation has fundamentally shifted – clients are no longer asking whether they need an ETF strategy, but how quickly they can bring one to market. We’re seeing strong demand from institutional managers based in the US, Europe, Middle East, Asia and Australasia who want to focus their efforts on product development and distribution, while relying on us to provide the right operational framework. Expanding our platform in Luxembourg allows us to meet that demand at scale, and continue aligning our services to where our clients see the greatest opportunity.”
Denis Harty, Country Head – Continental Europe adds: “Luxembourg has long been recognised as a leading cross-border fund domicile, and the recent momentum around ETFs is another example of its ability to innovate and adapt. The regulatory environment, infrastructure and market appetite are all aligning to make Luxembourg a compelling ETF hub. Having successfully launched our Irish white-label ETF platform in 2024, we are delighted to now offer an ETF-ready solution in Luxembourg – enabling our clients to access cross-border distribution with maximum flexibility.”
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