Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 45 results for "State Street Corporation"

State Street wins $8b Rio mandate

COMPANY RELEASE  |  WEDNESDAY, 10 JUN 2009
State Street Corporation has been appointed by Rio Tinto to provide investment services for $8 billion in assets. State Street will provide Rio Tinto with custody, fund accounting, securities lending and investment analytics services for its Canadian ...

ING buys Citistreet for $960m

MICHAEL HOBBS  |  MONDAY, 5 MAY 2008
... $960 million in cash. Established in 2000, Citistreet was previously half owned each by Citigroup and State Street Corporation. The business provides record keeping and administrative services to more than 16,000 plans across Australia and the US. This ...

Hooley named State Street pres and COO

MICHAEL HOBBS  |  FRIDAY, 2 MAY 2008
State Street Corporation has promoted the firm's 32 year veteran, Jay Hooley, to president and chief operation officer. Hooley, 51, joined State Street in 1986 and led the firm's US Mutual Fund sales division before joining State Street's shareholder ...

Retirement liabilities dwarf assets six-fold

ALEX DUNNIN  |  FRIDAY, 18 APR 2008
... to US$24 trillion but retirement liabilities are estimated to be more than six times that, reveals the State Street Corporation pension industry Vision Report. This disparity illustrates the huge challenge in improving savings ratios even though the ...

SSgA appoints ex-Old Mutual exec

MICHAEL HOBBS  |  TUESDAY, 8 APR 2008
State Street Corporation has appointed former Old Mutual US executive, Scott Powers to president and chief executive at State Street Global Advisors (SSgA). Powers replaces James Phelan, who returns to his role as head of international operations within ...

Diversity wins at State Street

RUTH LIEW  |  THURSDAY, 13 MAR 2008
State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, is to launch a range of diversified growth strategies using both traditional and alternative asset classes. These strategies will invest across a combination ...

SSgA restructures global asset team

MICHAEL HOBBS  |  TUESDAY, 20 NOV 2007
... Rockefeller as chief investment officer of global equities. SSgA is the investment management arm of State Street Corporation managing $2.26 trillion in assets for clients, representing more than $226 billion in fixed income and $40.7 billion in active ...

State Street ploughs $715m into online FX

State Street Corporation is to buy online foreign exchange trading platform Currenex for more than $715 million (US$564 million), increasing its foothold in the rapidly growing online foreign exchange sector. Foreign exchange is the largest and most-liquid ...

State Street cuts transaction costs by up to 75 per cent

Big is not only beautiful it is also cheap after State Street Corporation's internal research found that their clients save up to 75 per cent in transaction costs thanks to the group's scale. By studying how US$1 trillion in assets were transacted (bought ...

Australian to fill European State Street role

State Street Corporation (State Street) has appointed an Australian head of investor services to oversee the UK, Middle East and South Africa. Peter Baker, former managing director of State Street Australia and more recently managing director of investor ...