State Street Hits $2 Trillion in Global ETFs Under Administration
The bank’s big growth area continues to be broad beta ETFs.
The bank’s big growth area continues to be broad beta ETFs.
Citigroup’s von Moltke to join the firm in July, and lead intensive cost-cutting efforts.
88% of respondents believe the S&P Index will be higher in 2017 than last year.
Industrial properties, followed by multifamily homes and self-storage properties, are of most interest.
Partners tout benefits of blockchain platforms to help industry comply with regulations, among other benefits.
Jeff Blazek rejoins firm as a managing director and chief investment officer within the firm’s pension practice.
Pew report says states are paying billions of dollars in unreported fees.
Funds play a positive role in pre- and post-retirement, ITF says.
Over the past five years, investment returns added $1.2 billion to the state’s retirement system.
Deficit drops to $247 billion from $275 billion.
Change driven by lower assumed rate of return, salary increases, and weak investment returns
Tax considerations, rising PBGC premiums drive move, Russell Investments says.
Goal is to make Saudi Arabia less dependent on oil income and attract more foreign investors to the country’s capital markets.
North America sees downturn of deals, while Europe posts highest aggregate total since 1Q 2016.
Five funds apply to the Treasury Dept. to have benefits reduced for their members.