STT's Unit Partners With Bridgewater to Enhance Alternative Strategies
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State Street's asset management unit has partnered with Bridgewater to enhance its core alternative investment strategies, aiming to strengthen its fee income sources.
November 20, 2024 | 3:45 pm
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State Street's asset management unit has partnered with Bridgewater to enhance its core alternative investment strategies, which is expected to strengthen its fee income sources.
The partnership with Bridgewater is likely to enhance State Street's alternative investment strategies, potentially increasing its fee income. This strategic move is expected to positively impact State Street's financial performance in the short term.
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