State Street aims to grow model portfolio business fivefold
![State Street](https://s32566.pcdn.co/wp-content/uploads/2021/11/State-Street-building-B-951x634.jpg.optimal.jpg)
The asset manager is targeting 'north of $25 billion' of assets in its model portfolios over the next five to six years, up from roughly $5 billion currently.
State Street Global Advisors is aiming to grow its model portfolio business fivefold in as many years as off-the-shelf investment strategies boom across Wall Street.
The asset manager is targeting “north of $25 billion” of assets in its model portfolios over the next five to six years,
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