Our equity index funds have been helping institutional investors solve their investment challenges for over 40 years. Our clients include many of the largest pension funds in the world, as well as endowments, sovereign wealth funds and countless others.
Our investment management business was founded on indexing. From introducing our first S&P 500 index fund in 1978 to launching the first exchange traded fund (ETF) in the US in 1993, there are few challenges our experienced portfolio management teams haven’t seen and can’t solve.
As fiduciaries and the third largest global asset manager, we have a responsibility to use our voice and vote to encourage portfolio companies to address issues that could impact long-term shareholder value. Through our engagements, hundreds of publicly traded companies have taken important steps to strengthen their business for the future, including increasing the diversity of their leadership teams and improving their readiness to respond to climate change challenges today and into the future.
Purchasing IPOs Prior to Index Inclusion
The Global Equity Beta Solutions team recently conducted research related to index portfolio managers participating in Initial Public Offerings (IPOs) before the Index Inclusion Date when newly offered stocks are added to an index. The research led to the development of a risk-return framework to guide these managers in timing and sizing IPOs trades before index inclusion. It confirms and quantifies an excess return opportunity that exists for index funds through the use of a systematic approach to participating in IPOs that are likely to be included in the various indices.
Being a truly global firm with a long track record of thoughtful implementation has helped us build long and lasting relationships with clients.
We Integrate Human Insight with Cutting Edge Technology
We Offer Precise Index Exposures & Superior Performance Management
We Prioritize Risk-Aware Implementation and Transaction Cost Minimization
We Innovate by Aligning Research with Client and Market Demands
We Focus on Long-Term Shareholder Value
Operating from ten global investment centers, our dedicated index equity functions include portfolio management, research, systems and investment strategy.
Lynn S Blake, CFA
CIO, Global Equity Beta Solutions
Michael Feehily, CFA
Head of Global Equity Beta Solutions, Americas
Emiliano Rabinovich, CFA
Senior Portfolio Manager
Jennifer Bender, Ph.D.
Director of Research
Reach out for more information about our index equity strategies.
1State Street Global Advisors. As of December 31, 2020.
2State Street Global Advisors. As of December 31, 2020.
3State Street Global Advisors. As of December 31, 2020.
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