State Street Global Advisors takes minority stake in PensionBee

Hannah Godfrey
clock 12 December 2017 •
Romi Savova: "We share the same goals of making pension saving easier and better for everyone and look forward to embarking on a new journey to bring customer-centric pension consolidation to mutual corporate clients.”
Image:

Romi Savova: "We share the same goals of making pension saving easier and better for everyone and look forward to embarking on a new journey to bring customer-centric pension consolidation to mutual corporate clients.”

Investment manager State Street Global Advisors (SSGA) has taken a minority stake in online pension consolidation business PensionBee

The financing will be used to growth PensionBee's direct-to-consumer market in the UK. SSGA will also take a seat on the financial technology start-up's board. The pension consolidation platform said...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Hedge Funds

State goals won't override my duty
Investment

State goals won't override my duty

Con Keating rejects government encouragement for managers and trustees to create an 'investment big bang'

Con Keating
clock 17 September 2021 • 3 min read
What it means to be a fiduciary manager
Investment

What it means to be a fiduciary manager

Kam Chang and Erik Davey set out what they believe are the main facets of a fiduciary

Kam Chang and Erik Davey
clock 17 September 2021 • 4 min read
Partner Insight: 24AM - 'ESG is the single biggest factor in pension meetings today'
Investment

Partner Insight: 24AM - 'ESG is the single biggest factor in pension meetings today'

The process to true ESG integration can be long, complex and difficult for pension schemes - which is why TwentyFour Asset Management has re-aligned its investment thinking to help schemes on their sustainable journey goals. Alistair Wilson, partner and...

TwentyFour Asset Management
clock 15 September 2021 • 2 min read
Trustpilot