SSGA

21.co Appoints Senior ETF Leader as Head of Financial Product Development

Retrieved on: 
Tuesday, October 3, 2023
ARK, ETP, Yuanta Securities, HSBC, CFA, Ark Invest, Decentralized finance, International finance, State Street Global Advisors, ETF, Acquisition, ETF Securities, Growth, Entrepreneurship, SSGA, Service provider, Cryptocurrency

LONDON, Oct. 3, 2023 /PRNewswire/ -- 21.co, the world's largest issuer of crypto ETPs, today announced the appointment of Mandy Chiu, CFA, the company's Head of Financial Product Development. As interest increases in the digital asset investment space, Chiu's addition to 21.co comes at a time of significant growth and key talent acquisition for the company. 

Key Points: 
  • LONDON, Oct. 3, 2023 /PRNewswire/ -- 21.co, the world's largest issuer of crypto ETPs, today announced the appointment of Mandy Chiu, CFA , the company's Head of Financial Product Development.
  • In this role, Chiu will oversee the company's global product expansion of 21Shares.
  • Chiu brings over two decades of traditional finance experience to 21.co, previously serving as Tabula Investment Management's Chief Product Officer.
  • Before Tabula, Chiu was the Managing Director and Head of EMEA and APAC ETF Products at State Street Global Advisors (SSGA).

Ascensus Announces Nick Good to Join as President

Retrieved on: 
Thursday, July 13, 2023
Newton, Good, Boston Consulting Group, University of Oxford, Human resources, Perpetual Limited, Core values, ETF, Education, Culture, State Street Corporation, State Street Global Advisors, J O Hambro Capital Management, Musto, State Street, Lingo (VoIP Service operator), Growth, Digital, SSGA, Chair, Corporate development, Cryptocurrency, Management, Finance, Biochemistry, Ascensus

DRESHER, Pa., July 13, 2023 /PRNewswire/ -- Ascensus, whose technology and expertise help millions save for a better future, announced that Nick Good, a 25-year financial services industry veteran with tremendous experience leading business growth both in the U.S. and internationally, will become President of the company, effective September 5, 2023.

Key Points: 
  • Good will report to David Musto, who will continue to serve as Chair and CEO of Ascensus.
  • Good's appointment comes at a time of sustained growth and expansion for Ascensus.
  • We look forward to bringing his deep insights and perspective to our company, and to the benefit of all we serve at Ascensus."
  • Good began his career as a consultant with The Kalchas Group in London and New York and later The Boston Consulting Group in San Francisco.

J.P. Morgan Asset Management Launches Future Path 529 Plan

Retrieved on: 
Monday, June 26, 2023
ETF, Education, Nevadan orogeny, State Street Global Advisors, College Board, Risk, JPMorgan Chase, J.P. Morgan in the United Kingdom, College, SSGA, J. P. Morgan, Cryptocurrency, Financial adviser, Security (finance)

NEW YORK, June 26, 2023 /PRNewswire/ -- J.P. Morgan Asset Management today announced the expansion of its education investing capabilities with the introduction of Future Path 529 Plan. The firm will serve as investment manager and distributor of the Nevada-sponsored plan.

Key Points: 
  • NEW YORK, June 26, 2023 /PRNewswire/ -- J.P. Morgan Asset Management today announced the expansion of its education investing capabilities with the introduction of Future Path 529 Plan.
  • "We are honored to partner with the state of Nevada in launching Future Path 529 Plan," said George Gatch, CEO of J.P. Morgan Asset Management.
  • "Our goal in designing Future Path 529 Plan was to combine the cost efficiencies of ETFs with the added benefits of active management and active allocation as markets move."
  • "A 529 plan like Future Path is essential to closing college funding gaps and easing student debt burdens," said Tricia Scarlata, head of education savings at J.P. Morgan Asset Management.

UMB announces the addition of former State Street executive to Investment Managers Series Trust board

Retrieved on: 
Thursday, June 22, 2023
Personal Finance, Finance, Banking, Professional Services, Asset Management, ETF, Marketing, UMB, State Street Global Advisors, SPDR, Trustee, SSGA, Financial adviser

UMB Fund Services announced today the addition of Jim Ross to the Investment Managers Series Trust (IMST) Board of Trustees.

Key Points: 
  • UMB Fund Services announced today the addition of Jim Ross to the Investment Managers Series Trust (IMST) Board of Trustees.
  • Ross joins the board with more than 30 years of experience managing and marketing ETFs, mutual funds, and managed accounts.
  • “Jim’s extensive background in the asset management industry makes him a natural fit to join UMB’s IMST board,” said Maureen Quill, UMB executive director, registered funds.
  • He holds numerous other board positions including SPDR Series Trust 40 Act Board and Select Sector SPDR Trust 40 Act Board, which manage over 140 SPDR ETFs combined.

Drift Expands into Financial Services and Manufacturing Verticals, Delivering 12x ROI for 250+ Leading Organizations

Retrieved on: 
Wednesday, March 15, 2023
Cloud, Digital, Attention, Financial services, Roland, Cornerstone, National Transformation Program 2020 (Saudi Arabia), SSGA, Organization, Hines, Automation, Fintech, GPT, State Street Corporation, Marketing, State Street Global Advisors, ROI, Online shopping, Demandbase, Drift

BOSTON, March 15, 2023 /PRNewswire/ -- Drift, the Conversation Cloud Company, today announced significant momentum in the financial services and manufacturing verticals, delivering an average of 12x return on investment (ROI) for customers. Drift is proud to service businesses like Cornerstone Building Brands, Mirion Technologies, Hines and Apex Group, among more than 250 others in manufacturing and financial services.

Key Points: 
  • BOSTON, March 15, 2023 /PRNewswire/ -- Drift , the Conversation Cloud Company, today announced significant momentum in the financial services and manufacturing verticals, delivering an average of 12x return on investment (ROI) for customers.
  • Drift is proud to service businesses like Cornerstone Building Brands, Mirion Technologies, Hines and Apex Group, among more than 250 others in manufacturing and financial services.
  • Financial services organizations are struggling to provide their customers with the same convenient experiences they get in retail banking—a problem that's been further exacerbated by rising competition from fintech, private equity, and other financial services organizations.
  • Drift's expansion into manufacturing and financial services opens the door for businesses to host conversations that increase revenue and lower cost.

State Street Corporation Declares Fourth-Quarter Dividend on its Common Stock

Retrieved on: 
Thursday, December 15, 2022
Asset Management, Professional Services, Finance, State Street Global Advisors, State Street, Research, SSGA, Asset, STT, State Street Corporation, NYSE, Financial adviser

State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.63 per share of common stock, payable on January 13, 2023 to common shareholders of record at the close of business on January 3, 2023.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.63 per share of common stock, payable on January 13, 2023 to common shareholders of record at the close of business on January 3, 2023.
  • State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading.
  • With $35.7 trillion in assets under custody and/or administration and $3.3 trillion* in assets under management as of September 30, 2022, State Street operates globally in more than 100 geographic markets and employs approximately 41,000 worldwide.
  • SSGA FD and State Street Global Advisors are affiliated.

State Street Global Advisors Extends Proxy Voting Choice to More Investors

Retrieved on: 
Tuesday, December 13, 2022
Professional Services, Finance, Reproduction, Person, Institutional Shareholder Services, State Street Global Advisors, ISS, SSGA, Head, ESG, Communication, Research, Market, NYSE, Index, Pension, Policy, Investment, ETF, SPDR, AUM, State Street Corporation, Risk, Security (finance), Financial adviser, EU

With the addition of this new program, investors in more than 40% of the index equity assets managed by State Street Global Advisors will have the ability -- by the start of the 2023 proxy season -- to make choices regarding how shares held in the funds and separately managed accounts they own are voted. Over time, the firm intends to expand investor directed voting choice to as many of its index equity assets under management as possible.

Key Points: 
  • State Street Global Advisors clients in separately managed accounts already have the ability to either vote their own shares directly or delegate proxy voting of their shares to the firms asset stewardship team.
  • The new voting choice program is a recognition of how important participation in proxy voting is to our clients, said Lochiel Crafter, executive vice president and head of the Global Institutional Group of State Street Global Advisors.
  • Our focus is to deliver long-term value for our clients, said Lori Heinel, executive vice president and global chief investment officer at State Street Global Advisors.
  • For four decades, State Street Global Advisors has served the worlds governments, institutions and financial advisors.

State Street Global Advisors Announces Share Splits for Four SPDR® ETFs

Retrieved on: 
Friday, December 9, 2022
Professional Services, Finance, Fund, Investment Company Act of 1940, S&P, FINRA, Risk, State Street Global Advisors, SSGA, ESG, Research, Bloomberg, Pension, Investment, ETF, State Street, Prospectus, Dow Jones, SPDR, AUM, SIPC, Standard, State Street Corporation, Security (finance), Risk management, Financial adviser, Insurance, Bank, Book, MSCI, Index

For four decades, State Street Global Advisors has served the worlds governments, institutions and financial advisors.

Key Points: 
  • For four decades, State Street Global Advisors has served the worlds governments, institutions and financial advisors.
  • Bloomberg is not affiliated with State Street Global Advisors, and Bloomberg does not approve, endorse, review, or recommend SPDR Nuveen Bloomberg High Yield Municipal Bond ETF.
  • Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation.
  • State Street Global Advisors Funds Distributors, LLC is the distributor for some registered products on behalf of the advisor.

State Street Global Advisors Launches its 2023 Global Market Outlook: Navigating a Bumpy Landing

Retrieved on: 
Thursday, December 8, 2022
Finance, Consulting, Banking, Professional Services, Asset Management, Memory, Environment, State Street Global Advisors, Federal, Disinflation, SSGA, ESG, Federal Reserve, Risk, NYSE, Index, Pension, Policy, Investment strategy, ETF, Growth, SPDR, Fed, State Street Corporation, Financial adviser, Retail, Bank, Research

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today published its 2023 Global Market Outlook: Navigating a Bumpy Landing on macroeconomic trends and key investment themes for the year ahead.

Key Points: 
  • State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today published its 2023 Global Market Outlook: Navigating a Bumpy Landing on macroeconomic trends and key investment themes for the year ahead.
  • Despite the slowing global economy and geopolitical headwinds, State Street Global Advisors remains cautiously optimistic that an inflection point is in sight and that inflation across the globe will trend lower within the next six months.
  • We have seen the global economic slowdown intensify across both developed and developing economies, and we have lowered our projected global growth to 2.6% in 2023, said Lori Heinel, Global Chief Investment Officer.
  • For four decades, State Street Global Advisors has served the worlds governments, institutions and financial advisors.

State Street Announces Incremental Increase of up to $500 Million to Existing Common Share Repurchases in the Fourth Quarter

Retrieved on: 
Wednesday, December 7, 2022
Banking, Asset Management, Professional Services, Finance, Asset, State, International, Video news release, State Street Corporation, Risk, State Street Global Advisors, SSGA, Risk management, Income tax, Research, Annual report, NYSE, RWA, AUC, Government, News, STT, COVID-19, State Street, LIBOR, Nature, Failure, Workforce, AUM, Tax, Climate change, Share repurchase, Pressure, Financial adviser, Creative industries, Bank, Public utility, Insurance, Security (finance), Audit, Property management, Basel

This amount is in addition to the recently completed fourth quarter common share repurchases of $1.0 billion.

Key Points: 
  • This amount is in addition to the recently completed fourth quarter common share repurchases of $1.0 billion.
  • The company now intends to repurchase up to a total of $1.5 billion of its common stock in the fourth quarter of 2022.
  • The common share repurchase program does not have specific price targets and may be suspended at any time.
  • The continuing of State Streets common share repurchase program in 2023, and all dividends on State Streets common stock, are subject to approval by State Streets Board of Directors.