For four decades, State Street Global Advisors has served the world’s governments, institutions and financial advisors. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become the world’s third largest asset manager with US $2.51 trillion* under our care. *AUM reflects approximately $32.45 billion (as of December 31, 2018), with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.
Reflections on the COVID-19 Crisis From a Long-Time EM Investor
It’s hard to believe that, as I approach my 50th year, more than half of my life has been focused on analyzing emerging markets.
Learning From China’s Experience Fighting Coronavirus
As Covid-19 disease reaches more countries and new reported cases continue to rise, public anxiety will increase and add more uncertainty for investors.
February ETF Flows: That Escalated Quickly
When Market Volatility Becomes a Relationship-Building Opportunity
Market volatility can trigger knee-jerk reactions that are best avoided by long-term investors. Two client types in particular are vulnerable to overreacting to the sharp downturn: Millennials and Boomers.
Putting the Virus-led Volatility in Context
Q&A with MSCI: Why Multifactor Index Construction Matters—Part 1
The rise of multifactor strategies has been an important evolution within smart beta. There are varying approaches to constructing multifactor indices, resulting in considerably different index composition.
Charting the Market: Presidential Politics and Portfolios
January ETF Flows: A Tale of Two Halves
ESG Oversight Framework for Directors
Over the past three years, there has been a noticeable change in directors’ recognition of the importance of sustainability or ESG issues to investors. When we first called on boards to incorporate sustainability into long-term strategy in 2017, only a few companies, mainly in Europe, could demonstrate that they had considered ESG in their strategy.
Spotting Trends: 3 Sectors We’re Looking at in Q1
The Big What If: Consumers Sneeze and the US Economy Gets the Flu?
The flu causes substantial mortality and loss of productivity in the US each year. The flu is responsible for an estimated average $10.4 billion in direct medical costs and over $16 billion in lost earnings each year.
The Big What If: The 1920s Economy Has Lessons for Today?
Does history rhyme or does it repeat? As the page turns to a new year and a new decade, the economy is booming, driven by rapid technological advancement and set against rising inequality, fringe political movements and protectionist sentiment. The same was true 100 years ago. And once again, the ‘20s seem poised to mark a decade of transition.
Gold’s Opportunity Cost Becomes “Opportunity Benefit”?
2020 ETF Market Outlook
November ETF Flows: Investors Get into a Festive Mood
Four Factors Are Driving Future Growth of Fixed Income ETFs
The Big What If: Amazon and Blue Origin Disrupt the Federal Contract Market?
When Amazon isn’t processing your orders for a new phone case and groceries, it’s busy pursuing billion-dollar federal contracts in cloud computing. Amazon founder Jeff Bezos is also after aerospace contracts for his privately held Blue Origin, a rocket manufacturer and suborbital spaceflight company. This month, both companies will be involved in rulings that could disrupt the federal contract market.
Uncommon Sense: Giving Thanks – Feasting on Stock Market Highs with All the Trimmings
Despite slowing global economic growth, stagnant corporate profits, volatile trade tensions and rising geopolitical risks, US stocks continue to reach all-time highs. In addition, spreads between US Treasury and corporate bond yields remain historically tight, suggesting a sanguine environment for credit markets.
Survey Finds Investors Are Focused on Controlling Risk in Year Ahead [2020 ETF Market Outlook Series, Part 1]
Charting the Market: What to Make of the Stock Market’s Climb to a New All-Time High
SPDR® ETFs Chart Pack: Key Charts to Help Navigate the Market November 2019 Edition
Spotting Trends: 3 Sectors to Consider in Q4
Q&A: Why Bond ETFs Use Sampling to Replicate an Index
As I discussed in previous blogs, index tracking methodology for equities can be constructed using either a full replication (where an ETF holds all of the securities that make up the index in their respective weights) or optimization (where an ETF holds a subset of securities that closely resemble the index.) Index tracking methodology for fixed income ETFs can be full replication as well, but it can also work a little differently by using a sampling strategy.
Prepare FX Hedges For USD Bear Market Risk
September ETF Flows: Throwing on the Noise Cancellers
Germany’s Brexit Malady
The September flash manufacturing purchasing managers’ indices (PMI) out of Europe were, without a doubt, this week’s biggest data disappointment. The German Manufacturing PMI, in particular, bucked expectations for an improvement and sank 2.1 points to a new post-global financial crisis low of 41.4.
Investors Are Choosing Fixed Income ETFs – Here’s Why
The Big What If: Increasing Tension with Iran Derails US-China Trade Talks?
Despite a fresh round of summer tariffs on China, optimism took hold with the post- Labor Day announcement that the next round of US-China trade negotiations would take place in Washington, DC in October. However, just days after that good news, a seemingly unrelated event – the end of the Joint Comprehensive Plan of Action (JCPOA), known as the Iran Deal – threatens to derail trade talks before they begin.