State Street has launched a new actively managed Prime Money Market ETF and partnered with Mariner to implement the Charles River Wealth Management Solution. These initiatives expand State Street’s offerings in cash management and wealth technology, reinforcing its position in asset servicing and ETFs. Investors should monitor the uptake of these new offerings to understand their impact on State Street’s resource allocation and overall business performance.
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State Street Expands Cash Tools And Wealth Tech With New Offerings
State Street has launched a new actively managed Prime Money Market ETF and partnered with Mariner to implement the Charles River Wealth Management Solution. These initiatives expand State Street’s offerings in cash management and wealth technology, reinforcing its position in asset servicing and ETFs. Investors should monitor the uptake of these new offerings to understand their impact on State Street’s resource allocation and overall business performance.