State Street takes its SPDR ETFs into UK market

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State Street has made the next step on its expansion into Europe with a UK listing.

State Street Global Advisers has listed its first set of SPDR branded exchange traded funds (ETFs) on the London Stock Exchange as the UK market ‘comes of age'. The 11 new ETFs provide exposure to developed and emerging equities and bonds. These include two firsts: the SPDR Barclays Capital US Aggregate Bond ETF is a first for the European market and the SPDR Barclays Capital Sterling Aggregate Bond ETF is the first ETF globally to track the index, according to the provider. Eleanor Hope-Bell head of intermediaries Northern Europe at State Street in London is confident the company can...

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