GLOBAL - Investor confidence declined by 10.8 points in Europe during December amid growing concerns around sovereign debt and the euro, research by State Street reveals.
US pension funds are showing renewed interest in global equities, Jaishree Kalia reports.
Legg Mason; VicSuper; CalPERS; First Allied Securities; GLG Partners; State Street Corporation.
RBC completes BlueBay acquisition; State Street custody hire, Canada's OTPP invests in renewables
State Street Global Advisors; Goldman Sachs Asset Management; Schroders; Caisse de Depot et Placement du Quebec; Pension Corporation; Russell Indexes; Arnerich Massena; Natixis Global Associates.
PIMCO; Russell Investments; AXA Investment Managers; State Street Global Advisors; PensionsFirst; Mercer; Standard Life Investments
US/GLOBAL - Some 3% of the 1,400 planned job cuts at State Street will come from State Street Global Advisors, GP understands.
US - State Street plans to cut 1,400 employees, or 5% of its total workforce, with staff in North America taking the brunt of the cull.
GLOBAL - Investor confidence in Europe and the US increased to 97.5 in November, its highest reading since April.
CANADA - The Workplace Safety and Insurance Board of Ontario hired State Street to provide custody, accounting, securities lending and investment analytics to C$15bn ($24.3bn) in assets.