State Street

BNY Mellon has been ranked as the top global custodian by UK pension funds, latest R&M Surveys research reveals.

The British Airways Pension Trustees have retained State Street Corporation to service its schemes worth £14bn.

As the financial crisis-induced demand for cash begins to wane, Lynn Strongin Dodds looks at where cautious fund managers are seeking returns

GLOBAL - Assets under management of sovereign wealth funds (SWFs) fell by 3% in 2009 to around US$3.8trn but funds are looking to place a greater number of those assets outside their home country, a report by International Financial Services London (IFSL)...

CHINA - China Investment Corporation, the Chinese sovereign wealth fund, is using exchange traded funds to gain exposure to a diverse range of asset classes, according to a filing with the US Securities and Exchange Commission.

US - State Street Corp. has reached a settlement with the SEC and Massachusetts authorities that results in the firm ultimately paying US$663m to investors who lost money in active fixed income strategies run by State Street Global Advisors.

Institutional investors flooded into commodities last year as prices soared. Industry experts say the asset class' popularity isn't likely to wane in 2010, as Lynn Strongin Dodds reports

US/NETHERLANDS - Dutch pension fund Stichting Pensioenfonds Medewerkers Apotheken (PMA) has filed a federal court lawsuit against State Street Bank and Trust alleging breach of fiduciary duties and securities fraud following losses in a 120/20 fund.

After commodities' healthy rebound from the lows of 2008, Lynn Strongin Dodds discusses whether the asset class can go on to regain its pre-credit crunch highs

ETFs are experiencing explosive product growth and offer untapped potential for institutional investors, according to a report by State Street Corporation.