WASHINGTON (dpa-AFX) - State Street Global Advisors, the asset management arm of State Street (STT), has made an equity investment in Ethic Inc., a technology-driven asset management platform that powers personalized, values-aligned, and tax-smart investing for financial intermediaries. SSGA and Ethic announced a strategic partnership to deliver customized investment solutions at scale to SSGA's institutional and financial intermediary clients.
Doug Scott, CEO and co-founder at Ethic, said: 'With this new funding round and strategic partnership, we're excited to be accelerating the adoption of personalized, values-aligned, and tax-smart investing.'
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