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State Street Global Advisors, (SSgA), the investment management business of State Street Corporation (NYSE: STT), today announced that it has been appointed by Lrernes Pension to manage a US$271 million Environmental, Social and Governance (ESG)-screened, passive US Investment Grade Corporate Bond portfolio for the groups EUR5.5 billion fund. Lrernes Pension is the pension and life insurance fund for more than 127,000 Danish teachers. We are excited to welcome Lrernes Pension to our growing client base in the Nordic region and are pleased that they recognize the value in SSgAs ability to provide a tailored solution, said Benot Fally, senior managing director at SSgA. SSgAs specialist managers have the ability to provide beta...
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