Snap Up State Street, Plain and Simple
State Street (STT), founded in 1792, is the world's third-largest institutional investor with about $21.8 trillion (with a "T") in assets under custody and $1.87 trillion in assets under management. Included in those numbers is the firm's SPDR family of ETFs, which is second in size only to BlackRock (BLK) in terms of total assets.
State Street operates in 25 countries and covers 100 worldwide markets. That gives it enormous advantages in scale and depth of offerings....410 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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