US pension fund LACERA plans to open up bids for $9 billion securities lending mandate
The Los Angeles County Employees Retirement Association has used State Street and Goldman Sachs as its two securities lending partners.
Tag: State Street
State Street acquires key ETF client assets from BNY Mellon
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 processes $140 billion of client-cleared repo transactions
State Street expects buy-side clearing of repo financing to increase significantly among mutual funds and money markets funds in the US.
Front-to-back is the new black
Front-to-back offerings from custodians are in vogue, but what are the features of these new models, and which will resonate with the buy-side?
State Street CEO sees price pressures from clients easing off
Ron O’Hanley, CEO and president of State Street, explained this period of ‘extraordinary price pressure’ could be levelling out for the global custodian.
Drop in pension fund and insurance client assets bring down State Street’s AUC
Tough quarter for Boston-based custodian as revenues from asset servicing fees and assets under custody both drop.
ESG provider to custodians secures $20 million from German investment firms
Arabesque S-Ray, which supples ESG data to State Street and BNY Mellon, secures funding from four German investment firms.
State Street to open Jeonju office to strengthen ties with Korea’s NPS
NPS extended its back-office mandate for their global equities portfolio with State Street to also include the middle-office.
State Street promotes global services exec to lead EMEA business
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 gains approval to expand trust services in Singapore
State Street was previously permitted to provide trustee services to only Singapore-authorised, retail-only, collective investment schemes.