The Los Angeles County Employees Retirement Association has used State Street and Goldman Sachs as its two securities lending partners.
Tag: State Street
The $50 billion New York-based fund manager has used both BNY Mellon and State Street as custodians for its global ETF product range.
State Street expects buy-side clearing of repo financing to increase significantly among mutual funds and money markets funds in the US.
Ron O’Hanley, CEO and president of State Street, explained this period of ‘extraordinary price pressure’ could be levelling out for the global custodian.
Tough quarter for Boston-based custodian as revenues from asset servicing fees and assets under custody both drop.
Arabesque S-Ray, which supples ESG data to State Street and BNY Mellon, secures funding from four German investment firms.
NPS extended its back-office mandate for their global equities portfolio with State Street to also include the middle-office.
State Street's former head of EMEA, Liz Nolan, was named head of its global delivery team earlier this year after a senior leadership reshuffle.
State Street was previously permitted to provide trustee services to only Singapore-authorised, retail-only, collective investment schemes.