US - The asset management fees brought in by State Street Global Advisors (SSgA) were up 17% in the year ended 30 September, despite overall assets under management dropping by 4% in the same period, parent company State Street Corp. said today.
State Street said investment management fees at SSgA reached $229m, up from $196m from a year earlier. "The increase in management fees was attributable primarily to increases in the average of ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
