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State Street investigated in bond fund improprieties
Massachusetts Secretary of the Commonwealth William Galvin is investigating claims that State Street Corp. misled clients about the risk associated with one of its bond funds.
Religious order sues State Street, SSgA over losses
Sisters of Charity of the Blessed Virgin Mary, Dubuque, Iowa, has filed a civil suit alleging breach of fiduciary duty, breach of trust and unjust enrichment regarding losses from the order’s investment in an SSgA enhanced Dow Jones-AIG Commodities futures strategy.
Quants at SSgA unit trying a new spin
State Street Global Advisors Inc. is developing new quantitative models that don't go strictly by the numbers.
