SSgA asset management fees up 17% in Q3

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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 ...

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