State Street Begins Asset-Allocation ETF’s in Active Push By Alexis Leonids and Christopher Condon
– Apr 26, 2012 State Street Corp. (STT), the second- largest manager of exchange-traded funds, opened three products that can spread money across a range of asset classes in a push into actively managed ETFs. The funds will use tactical asset-allocation strategies and invest in ETFs including those run by State Street, James Ross, senior managing director of State Street Global Advisors, the Boston-based company’s money-management unit, said today at …