State Street

Amundi, UBS, State Street hit as investors pull almost €5bn from US stock ETFs

European investors have retreated from US stocks since the start of April

3 min read

State Street mulls tokenised bond push

The bank is also looking to use tokenised money market funds as collateral for trading

3 min read

State Street’s Dan Morgan: Why outsourced trading is on the rise

Funds want to access international markets without establishing new trading desks, according to State Street’s head of portfolio solutions

4 min read

State Street’s Emea head wants the regulation ‘treadmill’ to stop

Ann Prendergast says the fund management sector has had to contend with ‘a significant amount’ of upheaval over the past few years

3 min read

Why State Street’s Ann Prendergast thinks active ETFs and the Middle East are poised for growth

State Street’s head of Emea discusses the progress being made on gender diversity and the asset manager’s ambitious plans for active ETFs in Europe

5 min read

'Organisations are aware of the lack of diversity. But there is a lack of consistency in how to address it.'

Why State Street’s Hannah Smith didn’t aspire to be on the board: ‘I don’t see any role models’

The State Street managing director talks about the importance of mentors and why progress across the fund sector on ethnic diversity has been so slow

5 min read

Fund houses are trying to buy influence at a key crossroads for sustainable investing

BlackRock, Vanguard splash on lobbyists as ESG battles rage ahead of US election

Big four fund groups including State Street and Fidelity spent $7.8m on US lobbyists last year as politicians railed against 'woke' investing

3 min read

FN's deputy editor Paul Clarke (left) receives his award at the State Street Institutional Press Awards

Financial News journalists recognised at State Street press awards

FN scores plaudits for reporting on diversity issues and passive investing boom

1 min read

Two-decade veteran set to run team of some 500 staff

State Street names Prendergast head of Emea funds business

Ann Prendergast replaces Rory Tobin, who announced his retirement in June after nine years at State Street

1 min read

State Street has been approaching asset managers for the past 12 months about partnering for active ETF launches in Europe, according to the firm's global head of its SPDR ETF business, Rory Tobin

State Street eyes asset manager partnerships in Europe for active ETFs

'We’re evaluating who the leading active managers are and who has a strong and sustainable track record,' says Rory Tobin, global head of State Street's SPDR business

iShares veteran Tobin helped build an ETF powerhouse in his eight years at State Street

State Street’s ETF boss Rory Tobin to retire

Tobin, who oversees State Street's asset management business in Emea, will leave at the end of 2023

Rory Tobin tells FN it's hard to come up with a crypto investment case

State Street’s ETF boss: ‘There’s no investment case for crypto’

The world's third-largest ETF provider is unlikely to follow BlackRock with a bitcoin product

State Street misses profit estimates on lower fee revenue

State Street said its first-quarter net income fell to $549m, or $1.52 a share, from $604m, or $1.57 a share, in the year-ago quarter

2 min read

Lord Philip Hammond was appointed chair of Copper in January 2023, having served as an advisor since 2021

State Street severs ties with Copper

Lord Philip Hammond's crypto firm loses main institutional partner following enterprise division closure

3 min read

'There is going to be a global misalignment between what’s going on in the US and outside'

EU traders race to avoid higher costs as US cuts settlement times

Experts are worried some trades could fall through as settlement times diverge

4 min read

The fear of being fired was listed as a key stressor in 2022, as companies outsourced roles and hired juniors to keep costs down

Traders afraid of layoffs ‘close to breaking point’ as work-life balance suffers

Two thirds of buyside traders say their mental health has suffered in 2022 despite the adoption of more flexible working arrangements

4 min read