State Street Investment Management Unveils New Actively Managed Prime Money Market ETF
State Street Corporation (STT)
Last state street corporation earnings: 4/17 07:38 am
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Source: Business Wire
State Street Prime Money Market ETF (MMK) Provides Cost-Effective, Flexible Cash Management for Investors BOSTON--(BUSINESS WIRE)--State Street Investment Management today announced the launch of the State Street Prime Money Market ETF (MMK), an actively managed ETF designed to meet the cash management needs of investors seeking the convenience, transparency and trading flexibility of ETFs.“For decades, State Street Investment Management has delivered cash solutions to many of the world’s most sophisticated institutional investors,” said Anna Paglia, Chief Business Officer for State Street Investment Management. “With the launch of MMK, that same expertise becomes accessible to all investors looking for ways to manage their cash with an emphasis on income, liquidity and flexibility.”The ETF relies on the specialized experience of State Street Investment Management’s cash team. It seeks to maximize current income, to the extent consistent with the preservation of capital and liquidi
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