State Street Global Advisors Forms Strategic Relationship With Bridgewater Associates
State Street Corporation (STT)
Last state street corporation earnings: 4/17 07:38 am
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Source: Business Wire
Together, these asset management leaders seek to widen investor access to alternative investment strategies BOSTON & WESTPORT, Conn.--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced today that it is joining forces with Bridgewater Associates, LP, one of the world’s preeminent asset managers, seeking to widen access to core alternative investment strategies.“Bridgewater is known for its 40-year history of delivering resilient, diversified portfolios and insights to many sophisticated institutional global investors, including innovative approaches to strategic asset allocation. We are excited that this strategic relationship will now bring that portfolio construction expertise to retail investors as well,” said Anna Paglia, chief business officer at State Street Global Advisors.State Street Global Advisors pioneered the ETF industry in 1993 and has a history of providing investors with access to liquid a
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