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Showing 151 - 160 of 5122 results for "Street"

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
State Street Global Advisors (SSGA) has taken a 5% stake in micro-investment platform Raiz as the latter uses funds to expand its market share and jump on the artificial intelligence bandwagon. SSGA will acquire its 4.8% interest worth $1.97 million ...

AOF sells another asset, flags delisting

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... Parramatta for $80.5 million at a 6% discount. Settlement is due to occur in March 2025. Brisbane CBD tower, 150 Charlotte Street, went for $64.5 million in April, higher than its $62 million valuation. Early in the year, AOF agreed to sell 96 York Street ...

State Street partners with Taurus to expand digital asset services

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
State Street Corporation announced a strategic agreement with Taurus, a digital asset platform, to deliver new digital asset capabilities to State Street Bank and institutional investors. The agreement will add tokenisation and digital custody services ...

Perpetual names new chief executive

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... Sunsuper and QSuper. He was first hired at Sunsuper in 2019 as its chief executive before leading ART. Reilly was at State Street Global Advisors (SSGA) for over 24 years, finishing up as head of global strategy and leaving in 2014. Before SSGA, he worked ...

Dexus property valuation rout deepens by $2bn

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... signed contracts to sell three assets for a combined proceed of $383.2 million before the end of FY24. It sold 130 George Street, Parramatta for $69.1 million; South Brisbane's 18 Motorway Circuit for $17.9 million; and received $296.2 million for ...

Channel Capital launches European Private Credit Fund

ANDREW MCKEAN  |  TUESDAY, 20 AUG 2024
Channel Capital has launched the West Street European Private Credit Fund (AUD) for Australian wholesale investors. The asset manager's fund is an open-end unit trust that accesses Goldman Sachs Asset Management's European private credit strategy, which ...

ART appoints chief financial officer, promotes managers

ELIZABETH FRY  |  FRIDAY, 16 AUG 2024
... fixed income and currency team. Before ART, he worked at Legal & General Investment Management and at JPMorgan and State Street. Meanwhile, as head of asset allocation, Hall leads a team of quantitative and fundamental researchers within investment strategy ...

State Street receives Shariah-compliant certificate

MATTHEW WAI  |  FRIDAY, 16 AUG 2024
State Street Corporation now offers Shariah-compliant global custody and fund administration services. The announcement follows the company attaining a Shariah-compliant certificate from Amanie Advisors, a Shariah advisory firm. The Islamic finance ...

State Street names president of investment services

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
State Street has announced Joerg Ambrosius, executive vice president and chief commercial officer, has been appointed president of Investment Services, State Street's largest business. Ambrosius brings more than 30 years of financial services experience ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
... retained its top spot on the rankings, growing its total assets under custody by 11% to $1.2 trillion. Meantime, State Street has climbed to second place with $834 billion, surpassing Citigroup's $818.95; they saw growth of 10.9% and 2.7% in the first ...