State Street Global Advisors (SSgA) is the asset management business of State Street Corporation (NYSE:STT), a financial services holding company founded in 1792 with offices in major financial centers worldwide. State Street Global Advisors is a registered investment advisor (RIA) with $2.1 trillion in assets under management, making it the second largest asset manager in the world (behind BlackRock). SSgA has investment centers in Boston, Hong Kong, London, Montreal, Toronto, Munich, Paris, Singapore, Sydney, Tokyo and Zurich and offices in 27 other international cities.
SSgA currently offers 117 U.S. listed ETFs, providing exposure to major asset classes, as categorized by SSGA:
- U.S. Market Cap
- U.S. Style
- Real Estate
- Commodities/Real Assets
- Active Asset Allocation
- Fixed Income
Headquartered in the financial district of Boston, Massachusetts, State Street funds have expense ratios that range between 0.09 and 0.70%, with an average expense ratio of 0.36%.
|Figure 9: State Street Global Advisors\' top five largest funds by AUM. Information current as of Feb. 8, 2013.|
SEE: Building An All-ETF Porfolio
Guide To ETF Providers: Van Eck
InvestingFollow the progress made by State Street Global Investors as it attempts to regain market share for its SPDR ETFs after falling behind Vanguard.
Financial AdvisorRead about the investment operations of State Street Global Advisors, an international investment giant with more than $2.2 trillion in assets under management (AUM).
Financial AdvisorETF pioneer State Street has been losing market share to its peers. Here's how it plans to turn that around.
InvestingDiscover why ETFs are growing much faster than mutual funds, and why some experts predict the ETF market will double by 2020.
InvestingAs new chief marketing officer, Tisdalle brings brand advertising, corporate communications and PR specialties to State Street Global Advisors.
Financial AdvisorCompare and contrast the rise of America's big three institutional asset managers: BlackRock Funds, The Vanguard Group and State Street Global Advisors.
InvestingGet information on a list of recommended exchange-traded funds (ETFs) that investors can use in a rising interest rate environment.
InvestingDiscover overviews of the five most widely held exchange-traded funds that provide broad exposure to the financial services sector.
InvestingFind out about State Street Global Advisor's two new actively managed exchange-traded funds and why it chose DoubleLine Capital as its subadvisor.