State Street

GE Capital | March 23, 2016

State Street Corp. is acquiring GE's investment management arm in a deal worth up to $485 million, the companies said Wednesday.The acquisition of GE Asset Management will increase by about $100 billion the assets handled by the Boston-based State Street Global Advisors (SSGA), including assets related to GE's pension plan, State Street said....

State Street | July 27, 2016

In announcing today's financial results, Joseph L. Hooley, State Street's Chairman and Chief Executive Officer said, "We are pleased with our strong second-quarter results, which reflect strong fee revenue growth compared to the first quarter, driven by growth in our core asset servicing and asset management fees. Demand remains robust across our global client base as demonstrated by new servicing commitments of approximately $750 billion, including our appointment by Deka Bank and ...

State Street | July 25, 2016

In light of today’s interest rate decision from the European Central Bank (ECB) Tim Graf, head of macro strategy – Europe at State Street Global Markets, and David Furey, Portfolio Strategist, Fixed Income, Cash & Currency at State Street Global Advisors, offers their views....

State Street | July 25, 2016

Increasing life expectancy is undermining pension funds’ confidence in their liability valuations, while growing allocations to alternative assets are making it harder to value the funds’ portfolios. A global survey of 400 pension professionals, commissioned by State Street, reveals that one in 20 describe their confidence in the accuracy of their asset and liability valuations as less than 50 percent. Only 21 percent have confidence levels in the 90 to 100 percent range. Confidence ...