Asset Management
What's New In Investments, Funds? – State Street, SBI Holdings
The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.
State Street, SBI Holdings
State
Street Investment Management has agreed with Japan’s SBI
Holdings to establish a joint venture designed to broaden access
to index investment solutions for investors in Japan.
The groups have signed a non-binding memorandum of understanding, State Street said in a statement late last week.
The partnership will combine State Street Investment Management’s index investment capabilities with SBI’s domestic distribution services in Japan.
State Street has operated in Japan for more than 25 years. State Street Investment Management manages $5.6 trillion, as of 31 March.