State Street

RBC completes BlueBay acquisition; State Street custody hire, Canada's OTPP invests in renewables

State Street Global Advisors; Goldman Sachs Asset Management; Schroders; Caisse de Depot et Placement du Quebec; Pension Corporation; Russell Indexes; Arnerich Massena; Natixis Global Associates.

PIMCO; Russell Investments; AXA Investment Managers; State Street Global Advisors; PensionsFirst; Mercer; Standard Life Investments

US/GLOBAL - Some 3% of the 1,400 planned job cuts at State Street will come from State Street Global Advisors, GP understands.

US - State Street plans to cut 1,400 employees, or 5% of its total workforce, with staff in North America taking the brunt of the cull.

GLOBAL - Investor confidence in Europe and the US increased to 97.5 in November, its highest reading since April.

CANADA - The Workplace Safety and Insurance Board of Ontario hired State Street to provide custody, accounting, securities lending and investment analytics to C$15bn ($24.3bn) in assets.

GLOBAL - Bank of Ireland Asset Management's strength in fundamental equity and fixed income strategies help State Street Global Advisors (SSgA) plug a hole in their product offering and meet the needs of clients looking for more holistic solutions.

UK - State Street Corporation has been appointed as fund administrator for the National Employment Savings Trust.

State Street Corporation has been appointed as fund administrator for the National Employment Savings Trust.