State Street Investment Management

The principal activity of State Street Investment Management (formerly State Street Global Advisors) is asset management. The company offers a wide range of investment products, including exchange-traded funds (ETFs) under the SPDR brand, active and passive management solutions, as well as fixed income and smart beta products. It serves different market segments, including institutional investors (pension funds, foundations, insurance companies), financial professionals (advisers, wealth managers) and individual investors. The objective is to offer diversified investment opportunities tailored to the needs of each type of investor.

State Street Global Advisors (SSGA), recently renamed State Street Investment Management, is the asset management arm of State Street Corporation, one of the largest asset managers in the world. The company was created to offer innovative investment solutions to institutional, professional, and individual clients.

Among the key milestones in its development:

• Creation: SSGA was founded to meet the growing needs for institutional asset management, notably for pension funds, foundations, insurance companies, and other institutions.
• Launch of flagship products: The company is particularly recognized for its exchange-traded index funds (ETFs), notably the SPDR range, which provides diversified access to numerous markets and asset classes.
• Strategic partnerships: SSGA has established partnerships with major indices such as S&P Dow Jones Indices, enabling the creation of flagship products such as the SPDR S&P 500 ETF.
• Acquisitions and expansion: Over the years, SSGA has expanded its global presence and diversified its offering through acquisitions and the development of new investment solutions, covering sectors, smart beta, bonds, and other innovative strategies.
• Strategic changes: Recently, SSGA changed its name to become State Street Investment Management, reflecting a desire to strengthen its identity and broaden its range of services to better support all types of investors.

Today, State Street Investment Management continues to innovate in asset management, focusing on transparency, risk management, and access to global investment opportunities.

The founder of State Street Corporation, the parent company of State Street Global Advisors (SSGA), is George H. Gardner, who participated in the creation of State Street Deposit & Trust Co. in 1792 in Boston. State Street Global Advisors (SSGA), the asset management branch, was founded in 1978.

The main members of the leadership team at State Street Global Advisors are:

• Yie-Hsin Hung – President and Chief Executive Officer (CEO) of State Street Global Advisors.
• Kim Hochfeld – Head of Cash Business.
• John Plansky – Chief Executive Officer, State Street Alpha.
• Olivia Engel – Chief Investment Officer, Active Quantitative Equity.
• Matthew Steinaway – Chief Investment Officer, Fixed Income, Currency & Cash.
• Lori Heinel – Global Chief Investment Officer.
• Karen Wong – Global Head of ESG and Sustainable Investing.

State Street Global Advisors is one of the largest asset managers in the world, specializing in institutional investment management, notably through index funds, ETFs, and customized solutions for institutional investors.