State Street

The pensions industry in Australia eagerly awaits the publication of the Cooper Review. Rachel Alembakis looks at the potential consequences

GLOBAL - Private equity funds managed to post positive returns of 15% for 2009 despite a slow start to the year, data from State Street revealed.

ITALY - The €5.2bn (US$6.4bn) Fondo Cometa has hired nine managers and completed the renewal of mandates for its Monetario Plus, Reddito and Crescita sub-funds due to expire this year.

ITALY - State Street Corp. has completed its €1.28bn (US$1.6bn) cash purchase of Intesa Sanpaolo's Securities Services business (ISPSS), including the firm's custody and fund administration units.

GLOBAL - Institutional investors are increasingly investing in exchange traded funds (ETFs), a report by State Street Global Advisors (SSgA) revealed.

Sebastian Cheek reports on how investment strategy design is changing to react to the rapid expansion of the DC asset pool

SWITZERLAND - Banking group SYZ is set to acquire State Street Global Advisors' (SSgA) institutional Swiss fixed income activities.

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 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.

NETHERLANDS - Dutch pension funds returned 14.6% in 2009 on the back of strong equities performance, data by State Street Investment Analytics revealed.