State Street Global Advisors is expanding its presence in Canada and has acquired new office space in downtown Toronto.
“The growth of our office in Toronto emphasizes our commitment to having a strong presence in Canada, the eighth largest economy in the world, and an important part of SSgA’s global strategy,” says Otello Sturino, the firm’s chief operating officer.
SSgA opened its first office in Canada in 1991 and now ranks as the fifth-largest institutional asset manager in the country. The group has grown from fewer than 10 employees to more than 100 across Canada.
The company serves more than 120 institutional clients throughout Canada including corporations, pension funds, endowments, insurance companies and government agencies.
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