Under the agreement, Waystone will provide management company services for Lunate's ICAV ETF products. Through Waystone's ETF solution and experience supporting global ETF issuers, Lunate will benefit from institutional-grade governance, regulatory oversight, and operational support, says the firm. Paul Heffernan, CEO of Waystone ETFs, says: “We are delighted to partner with Lunate as it continues to expand its ETF suite in Europe. Our role is to provide the institutional infrastructure, regulatory expertise and operational support that enables Lunate to scale with confidence. With 20 years' experience operating in the Middle East, Waystone is proud to support Lunate and clients in the region as they broaden access to investment opportunities.”