State Street Faces Potential Loss of $52 Billion Swiss Pension Mandate
11 hours 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.
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State Street Faces Setback as Danish Pension Fund Cancels Climate Strategy Mandate
6 days 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.
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