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Stock Market & Financial Investment News

News Breaks
November 1, 2012
06:00 EDTSTTState Street Global Advisors awarded GBP1.4B mandate by Merseyside Council
State Street Global Advisors, or SSgA, the investment management business of State Street Corp. (STT), has announced that it has been appointed by Merseyside Council to manage GBP1.4B in assets of its pension fund, bringing the assets SSgA manages for the Local Authority sector to more than GBP7B. Merseyside Council has selected SSgA’s Managed Pension Funds Limited (MPF) fund, a UK-domiciled pooled fund vehicle for pension fund investors, for this mandate. MPF offers a suite of pooled funds across the major asset classes and provides investors with cost-effective access to a broad range of investment strategies. The assets from this latest mandate will be allocated among passive UK, North America and Index-Linked Gilt funds within the firm’s Managed Pension Fund vehicle.
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May 15, 2013
17:38 EDTSTTTrian Fund gives quarterly update on stakes
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