State Street Eyes Expansion with $333 Million Acquisition of City of London Office

State Street Eyes Expansion with $333 Million Acquisition of City of London Office
1 month ago

In a notable move in the commercial real estate market, State Street Corporation has announced its intention to acquire a prime office building located in the City of London for a staggering $333 million. This transaction underscores State Street's commitment to enhancing its presence in one of the world's leading financial hubs, as businesses around the globe continue to navigate the post-pandemic landscape.

Continue reading
State Street Faces Potential Loss of $52 Billion Swiss Pension Mandate

State Street Faces Potential Loss of $52 Billion Swiss Pension Mandate
2 months ago

In a significant development for the financial sector, State Street Corporation is at risk of losing a monumental $52 billion pension mandate from Switzerland's largest pension fund. The potential loss underscores the increasing scrutiny on asset managers and their practices in an evolving regulatory landscape.

Continue reading
State Street Faces Setback as Danish Pension Fund Cancels Climate Strategy Mandate

State Street Faces Setback as Danish Pension Fund Cancels Climate Strategy Mandate
3 months ago

In a significant move impacting global asset management, State Street Global Advisors has lost a pivotal mandate from Denmark's largest pension fund, PensionDanmark. This decision comes closely on the heels of a comprehensive review of the firm's climate strategy, highlighting a growing scrutiny on investment practices surrounding climate change and sustainability.

Continue reading