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Since our founding in 1978, it has been central to our mission to create an environment that fosters mutual respect and acceptance among all team members—regardless of age, gender, race, ethnicity, marital status, ability, religion, sexual orientation, or expression. This has always been key to our success. Over four decades later, we remain committed to continuing this proud tradition and cultivating a culture where everyone can express their true selves, feel a true sense of belonging, and thrive.
The State Street Investment Management DEI report highlights our decades of development, ongoing commitment, and forward-looking strategies.
We are committed to developing the world's best talent and know that strengthening diversity within our team is key to fulfilling this mission.
Shelly King
Senior Vice President und ChiefDiversity, Equity & Inclusion Officer
Building a diverse team that accurately reflects the world we live in is critical to achieving our goals. This task requires self-reflection, honesty, and a commitment to continuous learning and improvement. With this in mind, we pursue a process of transparent goal-setting, progress measurement, and constant self-examination.
Women
25%
Managing Director
39%
management
48%
Holistic
Asians, Blacks, Latinxs, Native Americans, or people with two or more ethnicities
21%
Managing Director
25%
management
32%
Holistic
Data as of June 30, 2023
Regardless of where we are in our careers or how well we understand a topic, we need to remain open in every conversation and truly listen to one another.
Jeff Payne
Internship Program Manager
We're proud to partner with educational advocates like SEO, BlackInterns, and Girls are Investors (GAIN) to provide development opportunities at State Street Investment Management to high-performing students who are often undervalued in our industry. This internship program combines the strengths of our inclusive heritage and recognizes that the seeds for future growth are planted in mentoring young professionals.
Our DEI Committee was founded in 2019 and is based on three core principles: equal opportunity for all, mutual respect, and global strength.
Our DEI Committee was founded in 2019 and is based on three core principles: equal opportunity for all, mutual respect, and global strength.
State Street Investment Management (HVU) supports employee development through classroom training, digital on-demand courses, and micro-learning.
Our charitable giving and volunteering programs provide our global team with opportunities to support important causes.
Our colleagues around the world are working together to support local charitable projects during work hours through both virtual and in-person opportunities.
Our colleagues around the world are working together to support local charitable projects during work hours through both virtual and in-person opportunities.
We've all thought about doing things differently. As change agents, we need to focus on the tasks at hand, implement measures, and take responsibility for ourselves.
Jeffry Brown
Managing Director
We have a long history of supporting emerging and diverse managers and resource-constrained markets. This commitment includes identifying promising fund managers, connecting them with capital, and engaging with the industry to drive systemic improvements.
As a leading global Limited Partner and an experienced and respected player in the market for emerging and diverse managers, we leverage our platform to secure the broadest possible sources of capital and strong deal pipelines and support General Partners in raising capital for primary, secondary, and third-party funds.
State Street Investment Management team members actively engage in leadership roles at organizations focused on advancing diversity, equity, and inclusion (DEI).
With two centuries of experience navigating bull and bear markets, corrections, and crises, State Street Bank is establishing an investment management division for institutional investors. The initial focus will be on equity index and cash solutions. Our first clients will be financial institutions and employer-sponsored pension funds.
Our capabilities in indexing and cash capture the attention of a broader set of institutional investors, and our client list grows to include Non-Profits, Insurance Providers, and Official Institutions. To better meet their needs, we expand our offering to active quantitative strategies.
By the end of the decade, we establish client relationships with Public Pensions, Defined Contribution Plans, Financial Advisors, and Consultants, and make plans to expand outside the US to London and Hong Kong.
In 1993, we revolutionize investing forever by creating the US’s first exchange-traded fund, in partnership with the American Stock Exchange. The ETF becomes a democratizing force in investing and opens markets that were previously inaccessible to the majority of investors.
We carry that innovative momentum through the rest of the decade, creating the US’s first mid-cap ETF, sector ETFs, and Asia ex-Japan’s first ETF.
With ETF demand increasing, we continue to set the pace of innovation by listing ETFs in Europe, Australia, and partnering with the World Gold Council to launch the US’s first gold-backed ETF.
In parallel, we establish the Official Institutions Group, a department specializing in serving sovereign wealth funds and central banks, and launch Managed Volatility strategies, a new risk management tool for clients.
Recognizing the evolution of our clients’ needs, we strategically enhance our offering through a series of strategic initiatives, partnerships, and acquisitions. That starts with creating an in-house Investment Solutions Group capable of customizing solutions to clients’ unique portfolios. We also strengthen our fundamental equity and active fixed income capabilities, and add OCIO and alternatives capabilities, through acquisitions of Bank of Ireland Asset Management and GE Asset Management.
Meanwhile, we continue to push the ETF industry forward, now as an early pioneer of active ETFs. In partnership with Blackstone, we launch the first actively managed senior loan ETF, followed by partnering with DoubleLine to develop more active fixed income ETFs.
Lastly, towards the end of the decade, we introduce Wall Street and the world to Fearless Girl, a statue celebrating women taking charge.
As one of the world’s largest asset managers, we continue to use our global scale in ways that benefit our clients. Chief among them: offering better access and more choice.
Partnerships with Nuveen, Loomis Sayles, Apollo, and Bridgewater have done just that, further democratizing investing by creating pathways to new markets. Likewise, the strategic investments we’ve made in defined contribution and wealth platforms have increased access to our solutions and helped simplify client experiences. And an expansion of our voting choice program offers more investors the power to choose how shares held in the eligible funds and segregated accounts they own are voted.
In 2025, we rebranded from State Street Global Advisors to State Street Investment Management reflecting our growth and strategic ambition as the leading partner and provider of innovative investment exposures and tailored solutions for its clients across global markets.