O HANLEY RONALD P sold (to issuer) $405K of STT

State Street Investment Management launched the State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF, backed by a $2.5 billion seed investment from UC Investments. The ETF tracks an index combining 90% S&P 500 and 10% short-duration investment-grade corporate bonds, inspired by UC's Blue and Gold Endowment Pool. It aims to offer long-term, low-cost, and diversified public market exposure.

The U.S. DOJ is considering joining a state antitrust lawsuit against BlackRock (BLK) and State Street (STT), according to Bloomberg. The suit, led by Texas and 12 other states, alleges the firms used their market power to influence energy prices. Vanguard settled for $29.5 million. A federal judge allowed the case to proceed in August 2025.

The DOJ is considering joining a state-led antitrust lawsuit against BlackRock (BLK) and State Street (STT) for allegedly pressuring coal producers to reduce output. The case involves claims of misuse of power by the fund managers.

HSBC has secured a £21bn mandate from State Street for custody, depositary, and fund administration services for two Ireland-based funds. This expands a long-standing relationship with the asset management arm of the mutual, dating back 20 years.

UK companies have spent over £1.3 billion in 2026 buying their own offices, driven by falling prices and rising rents. Barclays' £750 million deal for its HQ was the largest. High fit-out costs and supply shortages also motivate purchases. Other buyers include State Street, State Bank of India, Bank of New York Mellon, and Lloyds Banking Group.

State Street Investment Management launched the SPDR UC Investments 90/10 Endowment Strategy Index ETF (UCBG) with a $2.5 billion anchor investment from UC Investments. The ETF tracks an index combining 90% S&P 500 and 10% short-duration investment-grade corporate bonds. UC's $236 billion portfolio inspired the strategy, aiming for long-term, low-cost, diversified public market exposure.