SSgA merges German advisory services

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GERMANY - State Street Global Advisors (SSgA) will discontinue its Kapitalanlagegesellschaft (KAG) status in response to recent regulatory changes in Germany, which make it no longer necessary for the company to separate its two Munich advisory services.

SSgA’s asset management capabilities in Germany have historically resided under two legal entities: State Street Global Investments GmbH, a German Investment Trust through which it provided asset m...

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