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Exchange-traded funds continued to attract inflows from investors in 2022, albeit at a slower pace thanks to rising interest rates and market volatility. Resources and mining-focused funds were clear standouts in a challenging year.
The 12th edition of the Managed Accounts Report, a joint effort between State Street Global Advisers and Investment Trends, was released this week, with the results offering powerful insights into a fast-evolving financial planning industry. The diverse, but high-growth, sector spans everything from separately managed accounts, to individually managed and managed discretionary accounts, which according to the Institute…
Bryan Gray, a genuine stalwart of, and major contributor to, the strong position of Australia and New Zealand’s asset servicing sector, has retired. He spent 12 years at State Street followed by nearly 20 years at J.P. Morgan. Gray is the only person to have been chair of the Australian Custodial Services Association twice, in…
Global asset manager State Street Corporation released a survey of institutional and sovereign wealth investment professionals last week. The report offered insights into a survey of 640 executives spanning defined benefit funds (33%), corporate pension plans (25%) insurance (32%) and sovereign wealth funds. The report was commissioned through data collection group CoreData and provided some…