K&L Gates Advises American Century Investments on the Launch of Its First UCITS ETFs

Global law firm K&L Gates has advised American Century Investments, a US$263 billion* global asset manager, on the launch of its UCITS ETF platform in Ireland.

The K&L Gates team was led by Dublin Asset Management and Investment Funds partner Hazel Doyle, supported by partner Gayle Bowen and senior associate Lucy Deane.

“We were delighted to advise American Century Investments on its expansion into the European market and the launch of its first UCITS ETFs,” Doyle said. “The active ETF market continues to see steady growth and the timing of this launch was key for American Century Investments. Our knowledge of the Irish ETF market, bolstered by our global ETF practice and our relationship with the Central Bank of Ireland, ensured that we were best placed to successfully navigate the complexities of this transaction and launch within the required timeframe. We look forward to supporting the continued growth and success of their Irish ETFs through our partnership with American Century Investments.”

Orly Lax, deputy general counsel at American Century Investments, remarked: “It has been a pleasure to work with K&L Gates in navigating the launch of our first ETFs in Europe. We are very thankful for the dedicated, attentive, and consistent support that Hazel, Gayle, and the rest of the K&L Gates team provided to us throughout the project. We look forward to working together on more opportunities in the future.”

K&L Gates’ Asset Management and Investment Funds ETF practice delivers clear, cutting-edge advice to ETFs, their sponsors and boards, and other market participants. The firm has a globally integrated team of ETF practitioners with the experience, relationships, and acumen to provide advice that allows clients to capitalize on current and future opportunities in the ETF industry.

*Assets under supervision as of 30/09/24. Source: American Century Investments