State Street

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.

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.