State Street's $2.5B Bet Turns Endowment Investing Into America’s Biggest ETF Launch
State Street Investment Management is bringing a strategy built for university endowments to everyday investors, and it is doing so with a record-setting head start.The asset manager launched the State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF (NYSE:UCBG) on Wednesday with a $2…
State Street Investment Management is bringing a strategy built for university endowments to everyday investors, and it is doing so with a record-setting head start.The asset manager launched the State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF (NYSE:UCBG) on Wednesday with a $2…
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