State Street Global Advisors
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Ireland's NPRF terminates SSgA from passive equities after transition management fine
trueNational Pensions Reserve Fund, Dublin, has terminated State Street Global Advisors Ireland from a passive equity allocation, a week after an affiliated part of the State Street group was fined for overcharging in its transitions management business.
SSgA's AUM up 4.6% for the quarter, 12.4% for the year
trueState Street Global Advisors reported $2.35 trillion in assets under management as of Dec. 31, up 4.6% from Sept. 30 and up 12.4% from a year earlier.
SSgA partners with MFS to run 3 ETFs
trueState Street Global Advisors and MFS Investment Management teamed up to create three actively managed exchange-traded funds.
SSgA names head of global DC research and product development
trueMark Fortier was named managing director, head of global defined contribution research and product development at State Street Global Advisors.
Ohio Bureau of Workers' Compensation plans $2.8 billion bond search
trueOhio Bureau of Workers' Compensation, Columbus, will issue an RFP in early January for active core-plus fixed-income managers to run about $2.8 billion in assets for the $23.7 billion state insurance fund.
Custodians see growth coming from DC plans
trueSome big global custodians, whose traditional retirement business has come from defined benefit plans, are now getting business from defined contribution plans.
SSgA's AUM rises 4.4% to $2.24 trillion in Q3
trueState Street Global Advisors reported $2.24 trillion in assets under management as of Sept. 30, up 4.4% from June 30 and up 8.5% from a year earlier.
State Street: Investor confidence drops in August
trueGlobal investor confidence decreased 2.6 points to 105.1 in August, as measured by State Street Global Markets' Investor Confidence index.
SSgA taps BIS veteran to lead official institutions business
trueLouis de Montpellier will join State Street Global Advisors at the end of September as a senior managing director and global head of SSgA's official institutions group.
June swoon dents Q2 manager AUM
trueJune changed everything.
SSgA announces launch of Beijing joint venture
trueState Street Global Advisors Thursday announced the official launch of SSGA Fund Management Co., the firm's joint venture in Beijing with Zhongrong International Trust.
Legal & General taps SSgA vet to lead new Asia-Pacific sales efforts
trueJanice Wu joined Legal & General Investment Management in Hong Kong as head of Asia Pacific sales and distribution.
SSgA AUM dips 1.4% in quarter
trueState Street Global Advisors had $2.146 trillion in assets under management as of June 30, down 1.4% from the prior quarter but 12.5% higher than the previous year, according to parent company State Street Corp.'s earnings announcement Friday.
State Street ETFs undercut iShares and Vanguard
trueState Street Global Advisors, the second-largest provider of exchange-traded funds, is making a push to join the ranks of low-cost ETF providers by offering the cheapest Russell 1000, 2000, and 3000 ETFs on the market.
ETFs draw $93 billion in first 5 months of 2013
trueMore than $93 billion in net assets flowed into exchange-traded funds in the first five months of 2013 despite outflows of $23.1 billion from commodity ETFs.