State Street unveils 'virtual pooling'

By Fennell BetsonJanuary 2004 (Magazine)

Global custody group State Street is introducing a ‘virtual’ product for multinational pension fund asset pooling. “This enables pension fund assets to be legally, beneficially and directly owned by the funds participating in the pool,” William Slattery, head of State Street’s business in Ireland, said at the IPE Multi-pensions conference ...