State Street takes minority stake in PensionsFirst Analytics

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UK/US - State Street Corp. has taken a minority stake in PensionsFirst Analytics, which offers a web tool that can provide actuarial valuations on a daily basis, and has plans to take the London-based firm global.

State Street now owns less than 50% of the firm, but details of the deal were not released. State Street was lured by PFaroe, the company's web-based service that allows plan sponsors to evaluat...

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