State Street hires John Venardos to expand Portfolio Solutions Business

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State Street Corporation (NYSE:STT) has announced the appointment of John Venardos as Managing Director, Portfolio Solutions. Venardos will join State Street to support the growth strategy of the business, which involves expanding our APAC presence across Transition Management, Currency Management, Execution Solutions and Exposure Solutions. Commenting on the appointment, James Woodward, head of Portfolio Solutions for

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K2 Asset Management expands its partnership with State Street as it launches a new Ethereum ETF

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K2 Asset Management has announced the appointment of State Street Australia Limited, an indirect wholly-owned subsidiary of State Street Corporation (NYSE: STT), as the fund administrator in Australia for the Cosmos Purpose Ethereum Access ETF (Cboe: CPET). The partnership sees State Street administering a fund that provides Australian investors with exposure to cryptocurrency via a

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Opportunities after the market sell-off?

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The recent sell-off in markets has been savage. Many investors are now looking for the opportunities and interest in “market bottoms” is on trend. Media intensity of “Market Bottom” trending higher Year to date the MSCI World Index is down -15.7%, the technology sector is down -26.5% and consumer discretionary sector down -29%.1 After such

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State Street Global Investor Confidence Index – up overall, but mixed across regions amid rate hikes, war and pandemic

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State Street Global Markets has released the results of the State Street Investor Confidence Index® (ICI) for May 2022. Despite recent market fluctuations, the Global Investor Confidence Index saw an increase to 97.1, up 4.8 points from April’s revised reading of 92.3. The increase was led by a 5.0 point rise in the North American

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Updated Global Market Outlook: slower economic growth to collide with inflation spike

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State Street Global Advisors has released its latest Global Market Outlook. A challenging combination of elevated inflation and softening growth demands vigilance from investors. As central banks accelerate monetary policy normalisation, recession risks are rising, requiring a more cautious portfolio positioning. “The Risk of a Policy Mistake” Tightening could prove too much, too late Global

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Current volatility more geo-political

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Geo-political tensions and volatility resulting from the more cyclical forces of inflation and tighter monetary conditions will likely keep equity markets volatile throughout 2022. Whilst companies are still generating improving earnings outlooks, we continue to see the de-acceleration in these rates of growth. Equity market volatility is proving less transient in 2022. Recent geo-political issues

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State Street Global Advisors’ 2022 global market outlook

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Key points Global economic recovery from COVID – lowest hanging fruit already harvested Central banks to increasingly jump on the rate-hike bandwagon in 2022 China growth rate forecast downgraded to just 5%, but investment case remains intact European equities in a sweet spot & a better prospect than US share markets The transition to a

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Survey finds Asia Pacific asset owners more progressive on implementing decarbonisation investment strategies

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Asset owners in Asia Pacific are more advanced in their approaches to decarbonisation, compared with global peers, State Street Global Advisors’ research finds. State Street Global Advisors surveyed senior executives with asset allocation responsibilities at over 300 institutions, including private and public pension funds, sovereign wealth funds, endowments, foundations and official institutions from around the

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Four senior appointments at SPDR Asia Pacific

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State Street Global Advisors, the asset management business of State Street Corporation, has announced four appointments for its SPDR ETFs business in Asia Pacific. Kathleen Gallagher has been appointed as head of SPDR ETFs Australia, in addition to her current role as head of ETF Model Portfolios Asia Pacific and EMEA, Marie Tsang has joined

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What investors can learn from 2021’s most popular equity trades

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One of the questions investors ask us most often is “When does a crowded trade become too risky?” Biologists will tell us that the movement pattern of herds is exceptionally hard to predict, but occasionally there is a clear trigger — a predator or a change in the landscape that causes a shift in direction.

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