State Street Global Advisors
Watch breaking news videos and read news updates about State Street Global Advisors on pionline.com
U.N. Joint Staff Pension Fund seeds low-carbon ETFs managed by BlackRock, SSgA
trueUnited Nations Joint Staff Pension Fund provided initial funding for two low-carbon exchange-traded funds, one launched by BlackRock and another by State Street Global Advisors.
Alaska Retirement board taps QMA, SSgA for $200 million each
trueAlaska Retirement Management Board hired Quantitative Management Associates to run $200 million in its market participation strategy.
Managers shifting to new reality of fixed income
trueThe fixed-income trading desks of larger money managers are setting prices of trades instead of discovering them while applying the electronic trading skills of their equity brethren to adapt to the changing nature of the secondary bond markets at a time of lower liquidity.
SSgA hires head of European distribution
trueRory Tobin was named head of European distribution at State Street Global Advisors.
AutoNation adds 3 investment options, target-date funds
trueAutoNation Inc., Fort Lauderdale, Fla., is adding three investment options and a new target-date fund lineup, and removing four investment options and its company stock fund in its 401(k) plan following a review by the company’s benefits committee.
Justice Department, SEC probe State Street over political contributions
trueThe Justice Department and Securities and Exchange Commission are investigating State Street Corp. concerning the custody bank's solicitation of business from public pension funds, including “at least one instance” when one of its consultants made political contributions during and after a public ...
SSgA's assets down 2.4% in quarter, up 8% for year
trueState Street Global Advisors had $2.421 trillion in assets under management as of Sept. 30, down 2.4% from three months earlier but up 8% from a year ago, said parent company State Street Corp.'s earnings announcement Friday.
SSgA appoints chief portfolio strategist
trueLori Heinel was named chief portfolio strategist at State Street Global Advisors.
Nevada PERS looking to SSgA for passive international equities
trueNevada Public Employees' Retirement System, Carson City, will interview State Street Global Advisors in October, potentially to run about $1.5 billion in passive international equities.
Fort Lauderdale General Employees goes passive with SSgA
trueFort Lauderdale (Fla.) General Employees’ Retirement System hired State Street Global Advisors to run $40 million in passive domestic large-cap growth equities.
3 join State Street in Europe
trueOliver Berger, Andreas Schmid and Tom Wooders were appointed to State Street Corp.'s sector solutions team, said a spokesman.
SSgA records 4.2% hike in AUM for quarter
trueState Street Global Advisors had $2.48 trillion in assets under management as of June 30, up 4.2% from three months earlier and 15.6% higher than a year ago, said parent company State Street Corp.'s earnings announcement Tuesday.
State Street reaches $60 million settlement over shareholder lawsuit
trueState Street Corp. has reached a $60 million settlement on a class-action lawsuit led by the $24 billion Mississippi Public Employees' Retirement System, Jackson, and Union Asset Management Holding AG, regarding its foreign-exchange trading services.
DoubleLine teams with State Street for active ETF
trueState Street Corp. and Jeffrey Gundlach's DoubleLine Capital have teamed to open their first actively managed bond exchange-traded fund to compete with Bill Gross' PIMCO Total Return ETF.
Managers not straying far from traditional fixed income
trueExpectations that asset owners would be investing more in alternatives to fixed income didn't come to fruition in 2013, according to Pensions & Investments' 2013 money manager survey, as assets in traditional yield-seeking credit investments were the only ones to see gains last year.