State St index

News

Fed up with your index? Not able to find the credits? Just create your own! This is State Street Global Advisors’ solution to the problems of investing in the high-yield universe.

The Boston-based firm has introduced a high-yield bond index, developed with Lehman Brothers, on which it will base new investment funds.

“We’ve seen a lot of pension plans in the US and UK with bad performance – they don’t yet want out of the credit market, but they do want credit exposure with lower volatility and

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