While initially targeting the Australian retail market with three new retirement funds, State Street Global Advisors is likely to bring similar strategies to Asia.
Tag : ssga
State Street Global Advisors expects to boost its $400 billion in sovereign assets under management, with Asia a key driver – despite a slowdown in the region's reserve growth.
Aussie fund manger AMP Capital and China Life joined forces and will set up a fund management company. Analysts say the insurer/fund manager partnership will be fruitful.
In partnership with The Editors
State Street Global Advisors topped AsianInvestor’s rankings of fund houses by absolute assets invested in Asia Pacific. Now it is aiming to increase its penetration and presence.
State Street Global Advisors names a new head for Asia-Pacific as well as regional investments as it moves to build up its fixed income arm and launch a range of ETFs.
The US house is adding investments staff and product specialists across Asia Pacific including in China, where it is recruiting for its new joint-venture fund firm.
Discretionary exchange-traded fund portfolios, commonplace in markets such as the US, are now growing in popularity in this region.
SSgA loses South Asia MD, Axa hires fixed income head, RBC WM adds in Indonesia, Pimco names Japan PM, Credit Suisse bulks up fixed income, and HK boss joins Northern Trust.
SSgA gains approval to allow MPF scheme providers to invest in its gold-backed ETF, just as the price of bullion sinks. Also, Invesco launches a CNH bond fund for its MPF platform.
The UK fund house has hired an Asia veteran to run institutional sales for Hong Kong.
In partnership with Joe Marsh
Asia-Pacific institutional investors give their thoughts on ETF usage in a recent survey by Greenwich Associates and State Street Global Advisors.