BOSTON - The glass is one-quarter full and not three-quarters empty for Ronald E. Logue, president and operating chief at State Street Corp. of Boston.

"The truth is, some of us have been through times worse than these. In some aspects, we're fighting a war of attrition," said Logue, speaking at a lunchtime address at the National Investment Company Service Association's East Coast regional meeting here last Wednesday.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.