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.
January 21, 2020
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.
January 7, 2020
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.
December 24, 2019
December 18, 2019
December 10, 2019
December 3, 2019
November 27, 2019
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.
November 26, 2019
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.
November 19, 2019
November 12, 2019
November 11, 2019
November 5, 2019
October 22, 2019
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.
October 15, 2019
October 8, 2019
October 1, 2019
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.
September 24, 2019
September 17, 2019
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.
September 10, 2019
September 9, 2019
September 3, 2019
August 27, 2019
August 20, 2019
August 13, 2019
From a macro perspective, de-globalisation should therefore work like globalisation in reverse, though this is unlikely to be in a perfectly symmetrical manner. Trade-dependent economies are most vulnerable, with small to middle open economies challenged to revamp their growth models.
August 6, 2019
As the longest bull market on record runs onwards, aided by unusually accommodative policy for this point in the cycle, we would expect to see volatility rise across a range of asset classes amid greater policy and data uncertainty.
August 1, 2019
July 30, 2019
July 23, 2019
