State Street revenues rise following continued boost in client activity
The Boston-based global custodian reported increases in servicing fee revenue and assets under custody, driven by higher client activity and net new business.
Tag: State Street
State Street sells majority stake in wealth manager services to FNZ through new partnership
The new venture, which State Street will retain a minority interest in, will combine the custody expertise of State Street with FNZ’s international platform.
Lean on us
Custodians and outsourcing providers answer the call when asset managers and owners need them most.
Top custodians partner on blockchain initiative for asset-backed securities
BNY Mellon, Citi, and State Street take part in initiative designed to transform and automate the current capital markets infrastructure.
Institutional investors maintain confidence in asset managers to navigate COVID-19 crisis
New research from State Street shows the majority of institutional investors have faith in their asset managers’ ability to navigate the crisis.
Fidelity appoints State Street as ETF servicing agent for new semi-transparent ETF
Fidelity is the first asset manager to receive regulatory approval for three semi-transparent ETF products using its own proprietary proxy basket methodology.
Custody
Mass arrival of semi-transparent ETFs presents new opportunities for custodians
With some of the world's largest ETF issuers launching new semi-transparent products, custodians and fund administrators are in a unique opportunity to bridge the gap between the active and passive investment community.
BlackRock begins multi-year project to diversify custody relationships for $2 trillion iShares assets
BlackRock has launched a Request for Proposal (RFP) to global custodians to bid for its US and Irish iShares funds’ assets.
State Street expands front-to-back outsourcing offering to hedge funds with new partnership
State Street has partnered with Brevan Howard's outsourced operations service to deliver a new integrated front-to-back office services platform for hedge funds.
State Street secures ETF servicing mandate with alts manager Water Island Capital
State Street will provide custody and fund administration to WIC's new ETF index, offering public access to hedge fund-like strategies.