CHINA - China Investment Corporation, the Chinese sovereign wealth fund, is using exchange traded funds to gain exposure to a diverse range of asset classes, according to a filing with the US Securities and Exchange Commission.
US - State Street Corp. has reached a settlement with the SEC and Massachusetts authorities that results in the firm ultimately paying US$663m to investors who lost money in active fixed income strategies run by State Street Global Advisors.
Institutional investors flooded into commodities last year as prices soared. Industry experts say the asset class' popularity isn't likely to wane in 2010, as Lynn Strongin Dodds reports
US/NETHERLANDS - Dutch pension fund Stichting Pensioenfonds Medewerkers Apotheken (PMA) has filed a federal court lawsuit against State Street Bank and Trust alleging breach of fiduciary duties and securities fraud following losses in a 120/20 fund.
After commodities' healthy rebound from the lows of 2008, Lynn Strongin Dodds discusses whether the asset class can go on to regain its pre-credit crunch highs
ETFs are experiencing explosive product growth and offer untapped potential for institutional investors, according to a report by State Street Corporation.
GLOBAL - ETFs are experiencing explosive product growth and offer untapped potential for institutional investors, according to a State Street report.
The recovery of defined benefit schemes and charity funds in 2009 was spearheaded by a "stellar" performance from risk assets, State Street Corporation says.
UK - The Pension Protection Fund has gone out to tender for a global custodian. The incumbent custodian is State Street.
As the year winds to a close, Global Pensions takes a look back at the top 10 most read news stories of the year.