State Street

Through collaboration with BlackRock, Fidelity Investments, Franklin Templeton and State Street, professionally managed model portfolios with alternative allocations are available via the firm's unified managed accounts.

The money managers slashed their support of ESG shareholder proposals amid a Republican-led backlash against sustainable investing.

The offering, a mix of liquid credit and private investment, still needs regulatory approval.

Study finds that the two large investing firms tend to not support shareholder proposals meant to combat climate change.

The closings underscore shifting fortunes for sustainable investing as returns disappoint investors and anti-ESG rhetoric persists

A union with nearly 2 million members and other progressive groups say the four giant investment firms "effectively blocked action" on shareholder proposals.

The fund giant's move comes as asset managers face increasing political and social pressure over their stances on environmental, social and governance issues.

The company's foray into crypto is the latest sign that digital currencies are gaining a toehold on Wall Street.

Institutions with notable holdings in multiple firms across industries are less likely to panic sell, according to the researchers.

The Boston trust bank has set up a division called State Street Digital, led by Nadine Chakar, that will help customers invest in cryptocurrencies. It will also develop blockchain and smart contract technology and the ability to tokenize assets.

The moves come just one day after BlackRock announced reductions on $7.6 billion of its style funds.

Over the past year, the lineup of stock and bond funds notched an average gain of more than 25%.

Pressure is mounting for firms to respond to last week’s violence at the Capitol.

The top 20 to debut last year by total assets include only three products from BlackRock and none from Vanguard or State Street.

Steady inflows showcase the buy-and-hold ethos of the typical Vanguard investor — financial advisors and wealth managers, an expert says.

The firm, which has more than $3 trillion under management, runs dozens of mutual funds and was a pioneer in index investing.

The bullion rally has shown signs of losing momentum as economies reopen.

Total fees for the top 10 gold ETFs, based on current prices and holdings, are about $610 million a year.

The ready-made strategies have been around for years, but in an era of fee wars and ETFs its popularity is exploding.

Increasing Black representation poses challenges that adding women may not: Most women elected to boards had professional connections with the white men who still dominate boardrooms.