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Showing 121 - 130 of 937 results for "State Street"

SSGA appoints new chief operating officer

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
State Street Global Advisors (SSGA) announced the appointment of James Ferrarelli to the position of executive vice president and chief operating officer. Reporting to SSGA chief executive Yie-Hsin Hung, Ferrarelli will be responsible for delivering ...

State Street cuts fees on six ETFs

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
State Street Global Advisors announced management cost reductions on six of its Australian-based ETFs. Effective July 1, management costs will be cut for several ETFs including in international equities, Australian equities, listed property and emerging ...

Betashares captures most net flows in managed funds industry

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
... experienced the most dramatic outflows, bleeding $3.9 billion from its managed funds, resulting in a 24% net loss of FUM. State Street Global Advisors followed, with a $3.3 billion net outflow, reflective of a 29% loss in FUM. Last week, Financial Standard ...

SSGA loses $2.4bn in two months

KARREN VERGARA  |  FRIDAY, 14 JUN 2024
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products. The State Street International Equities Index Trust lost a whopping ...

Brighter Super awards custody mandate

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... Super has appointed a new custodian, severing its ties with NAB Asset Servicing. The $32 billion super fund chose State Street to be its custodian and back-office administrator for some 130 portfolios. The services cover fund accounting and unit pricing ...

Charles River appoints new head of APAC

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
... Pacific (APAC), where he will be responsible for all business oversight within the region and collaboration with State Street Alpha. Charles River, provider of the Charles River Investment Management Solution, was acquired by State Street in 2018. Bhat ...

Schroders welcomes new head of intermediary

ELIZA BAVIN  |  FRIDAY, 12 APR 2024
... made significant contributions and earned high regard from colleagues and clients. He also previously worked for State Street and the Commonwealth Bank. Schroders Australia chief executive and chief investment officer Simon Doyle said Fernandez brings ...

ETF market to soar 30%: State Street

KARREN VERGARA  |  TUESDAY, 9 APR 2024
... exchange-traded fund (ETF) sector is tipped to rise 30% in 2024, buoyed by passive equity and fixed income products, State Street predicts. Tim Helyar, the country head for Australia at State Street, said the forecast is based on discussions with ETF ...

Perpetual awards State Street subsidiary a major mandate

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
Perpetual has appointed State Street subsidiary Charles River to manage front office operations for its Australian asset management business. Perpetual's Australian asset management business will use Charles River's Investment Management Solution (Charles ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... rates from mid-year with three 0.25% rate cuts by year end, taking the cash rate down to 3.6% by December. Meanwhile, State Street Global Markets head of APAC macro strategy Dwyfor Evans said: "The RBA kept the cash rate on hold as widely expected. The ...