SSgA's AuM reaches $1.5trn

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GLOBAL - State Street Global Advisors (SSgA) has recorded US$1.5 in assets under management in the 2006 first quarter, up 12% compared to $1.4trn on the previous year.

According to SSgA investment management fees reached $220m, up 24% from $177m a year ago. It claimed this was a reflection of continued new business, an increase in average month-end equity valuati...

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