State Street completes BIAM acquisition

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State Street Global Advisors has completed its acquisition of Bank of Ireland Asset Management for approximately €57m (£49m) including net assets of an estimated €14m.

The acquisition, which was first announced in October 2010, will see more than 120 BIAM employees join SSgA in Dublin. (Global Pensions: 22 October 2010). In total, BIAM assets under management ...

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