State Street's (STT) Asset Management Unit Takes Stake in Raiz
STTState Street(STT) ZACKS·2024-08-27 01:05

State Street Corporation’s (STT) asset management unit, State Street Global Advisors, has announced an investment in a leading Australian fintech platform, Raiz Invest Limited. As part of the equity investment agreement, State Street Global Advisors will acquire 5% of Raiz’s share capital through a placement.Raiz is a platform that allows customers to grow their wealth by helping them save and invest.Through this partnership, State Street Global Advisors’ trusted brand and deep knowledge of markets will com ...