US - State Street Corporation has introduced a corporate governance aspect to its portfolio performance and analytics capabilities enabling customers to evaluate the governance attributes of their investment portfolios.
State Street said recent industry surveys showed organisations were “taking the corporate governance concern seriously” and had increased their efforts to find new ways to evaluate their portfolios.
The service enables clients to analyse their portfolio investment profile based on the governance rankings of their securities. Customers can analyse their portfolios relative to benchmarks and in comparison to their peer portfolios, State Street added.
GovernanceMetrics International is the first of multiple sources to be made available within State Street’s corporate governance analysis service.
“The GMI data provides our clients with valuable information to help them detect and mitigate risk more comprehensively,” said Richard Galligan, senior vice president and head of State Street’s analytics team.
“Now, more than ever, investors are demanding more transparency and information to make informed investment decisions. State Street is well positioned to meet this need, offering the most comprehensive services in the industry.”
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