State Street Global Advisors
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Long-duration bond strategies continuing its dominant ways
trueLong-duration bond strategies for the fifth consecutive quarter dominated the list of top-performing domestic fixed-income managers for the year ended Sept. 30, according to Morningstar Inc.'s separate account/collective investment trust database.
Stability of ETFs coming under renewed scrutiny
trueThe collapse of ETF prices on Aug. 24 prompted ETF providers, market makers, stock exchanges and Securities and Exchange Commission officials to begin looking at how to prevent a repeat of that day. But there's no consensus yet on what needs to be done.
State Street reports contractor took data from alternatives administration unit
trueInternational Fund Services, State Street Corp.’s private equity and hedge fund administration unit, experienced “an unauthorized copying and transfer of certain data,” said a statement from spokeswoman Anne McNally.
SSgA's assets drop 7.2% in quarter; net outflows total $29 billion
trueState Street Global Advisors reported $2.2 trillion in assets under management as of Sept. 30, down 7.2% from three months prior and down 9% from a year earlier.
Money managers launch new ETFs to satisfy demand
trueMore active money managers are looking to launch exchange-traded funds as institutional investors' appetite for the funds continues to grow.
ETF providers step up to defend the status quo
trueThe Securities and Exchange Commission's solicitation of perspectives on the state of exchange-traded products produced a fruitful, if predictable, bounty of views from the asset management industry.
Publicly traded money managers not seeing asset growth
trueMoney managers reported flat and, in many cases, declining assets under management for the quarter ended June 30.
Hartford HealthCare puts $33 million in SSgA hedge fund
trueHartford HealthCare, Hartford, Conn., invested $33 million in a new macro hedge fund from State Street Global Advisors, said David J. Holmgren, chief investment officer.
State Street Global Exchange gets new chief
trueLou Maiuri, executive vice president at State Street Corp., was named head of State Street Global Exchange, the bank's data and analytics unit.
Fixed-income ETF investors staying away from ultrashort-term market
trueThe most significant money market fund reforms — floating net asset values, liquidity fees and gates — take effect in October 2016 and a pocket of the fixed-income exchange-traded fund market once expected to attract investors looking for on-demand liquidity has yet to significantly materialize.
SSgA's assets down 2.8% in quarter, net outflows total $65 billion
trueState Street Global Advisors reported $2.37 trillion in assets under management as of June 30, down 2.8% from March 31 and down 4.3% from June 30, 2014.
ETPs see record flows in first half
trueExchange-traded products saw record net flows in the first half of 2015. Global ETPs had net flows of $152.3 billion during the first six months of the year, eclipsing the previous record of $130 billion in the first half of 2014, according to data released Wednesday by ETFGI.
SSgA appoints global COO as president
trueGreg Ehret was named president of State Street Global Advisors, said company spokesman Brendan Paul.
SEC files Wells notice against State Street
trueThe Securities and Exchange Commission is recommending that action be taken against State Street Corp., said an 8-K filing from State Street on Thursday.
SSgA appoints alternatives CIO
trueMichael Ho, a senior managing director at State Street Global Advisors, was named chief investment officer of alternatives at SSgA.