MutualFundWire.com: Jane Street Backs an $844B-AUM AM's 19th ETF

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Friday, September 19, 2025

Jane Street Backs an $844B-AUM AM's 19th ETF

Noel Archard and his colleagues at a publicly traded, $844-billion-AUM* asset manager in Tennessee are rolling out another ETF, expanding their lineup to 19 active exchange-traded funds in total.

On Wednesday (September 17), Archard, global head of ETFs and portfolio solutions at AllianceBernstein [profile], and Thorsten Winkelmann, senior vice president and chief investment officer of European and global growth equities, unveiled the launch of the AB International Growth ETF (IGGY on the NYSE Arca). Nashville-based AllianceBernstein L.P. will serve as investment advisor to the new fund.

IGGY's inception date was Tuesday (September 16), and its listing date was Wednesday. The new ETF comes with an expense ratio of 55 basis points, and as of today it has about $4.56 million in AUM.

A five-person PM team powers IGGY. Those PMs include:

Nicolas Goncalves, vice president at AB;

Robert Hofmann, SVP;

Marcus Morris-Eyton, SVP;

Darina Valkova, VP; and

Winkelmann himself.

Archard describes IGGY as "leveraging [AB's] global platform to offer investors a new avenue for international exposure."

"Our investment team, led by industry veteran Thorsten Winkelmann, has a combined experience of over 50 years, and is dedicated to delivering thoughtful investment opportunities in companies outside the U.S.," Archard states. "The strategy is another strong addition to our suite of active ETFs."

"This initiative promises numerous advantages for investors, as we believe now is an opportune time to focus on quality, profitable growth among non-U.S. companies," Winkelmann states.

IGGY is an actively managed series of AB Active ETFs, Inc. The new fund's other service providers include:

Ernst & Young LLP as independent accounting firm;

ACA's Foreside Fund Services, LLC as distributor;

Jane Street as lead market maker;

Seward & Kissel LLP as counsel; and

State Street Bank and Trust Company as administrator, custodian, and transfer agent.