State Street Global Advisors (United States)

With almost $4.14 trillion (USD) in assets under management as of December 31, 2021, State Street Global Advisors (SSGA), the investment management arm of State Street Corporation, is the fourth-largest asset manager in the world. The business provides financial clients with services by developing and managing investment strategies for international asset managers, corporate treasurers and CFOs, governments, businesses, endowments, non-profit foundations, and other intermediaries. SSGA has 2,500 employees working for them in 28 different nations. It had 142 exchange-traded funds (ETFs) under its ownership and control as of March 2021.

SSGA develops specialized investment plans for organizations. In order to manage the assets for its clients, SSGA creates commingled funds (otherwise known as common trust funds). As of March 2007, SSGA offered 46 ETF investment products in addition to institutional solutions on the US market. Depending on market size, investing style, sector, industry, or commodity, the ETFs follow both domestic and foreign indices. Under the street tracks brand, ETF goods are also offered in other regions of the world like Belgium, France, Hong Kong, and Singapore. SSGA offers 26 mutual fund products that are broken down into four categories: diversified funds of funds, bonds, and money markets (also known as lifestyle funds). For the purpose of creating regional investment strategies for clients, SSGA collaborates with seven businesses in diverse markets.

Founded: 1978

Revenue: $12,078 Millions of US $ (2020)

AUM: $4.14 trillion (December 31, 2021)

Website: https://www.ssga.com/

Phone: 617-786-3000

Ranking: 9 of the 10 Top Asset Management Firms