State Street may acquire Goldman Sachs fund administration
11 June 2012 New York
Image: Shutterstock
It has been reported that State Street is on the cusp of buying Goldman Sachs’ hedge fund administration business, after Goldman Sachs has been shopping around for several months.
If the division, which looks after assets of roughly $200 billion, was to combine with State Street, it would create the largest hedge fund administration provider in the world.
If the division, which looks after assets of roughly $200 billion, was to combine with State Street, it would create the largest hedge fund administration provider in the world.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
