{"id":865720,"date":"2025-07-01T12:03:16","date_gmt":"2025-07-01T16:03:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-and-uc-investments-forge-strategic-alliance-to-expand-access-to-wealth-building-tools-for-individuals\/"},"modified":"2025-07-01T12:03:16","modified_gmt":"2025-07-01T16:03:16","slug":"state-street-and-uc-investments-forge-strategic-alliance-to-expand-access-to-wealth-building-tools-for-individuals","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-and-uc-investments-forge-strategic-alliance-to-expand-access-to-wealth-building-tools-for-individuals\/","title":{"rendered":"State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals<\/b><\/p>\n<p>BOSTON &amp; OAKLAND, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nUC Investments, the investment arm of the University of California, and State Street Corporation (NYSE: STT), a global leader in asset management and investment servicing, today announced a strategic initiative to give individuals access to institutional-grade investment tools and opportunities.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250701254564\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250701254564\/en\/<\/a><\/p>\n<p>\nThe initiative will combine the latest investment technologies and artificial intelligence to give individuals direct access to a broader spectrum of investment opportunities, including private markets. It also seeks to enhance financial literacy and deliver highly personalized, digitally enabled investment experiences through a new \u201csuperapp\u201d \u2013 a single platform with multiple investment management services \u2013 that will be offered to the 353,000 participants in UC\u2019s defined contribution plan. Over time, the program may extend to UC\u2019s broader community, including nearly 300,000 students and more than two million living alumni.<\/p>\n<p>\n\u201cThis alliance strengthens our enduring relationship with UC Investments,\u201d said Ron O\u2019Hanley, chairman and chief executive officer of State Street. \u201cIt reflects our mutual commitment to harnessing technology and innovation to enhance financial outcomes for individual investors and their families, leveraging State Street\u2019s investment and wealth services capabilities.\u201d<\/p>\n<p>\nState Street is the world\u2019s fourth-largest asset manager, with nearly $5 trillion in assets under management, of which over $1.1 trillion are investment products for individuals and their wealth advisors. In addition, State Street provides investment software platforms and services to wealth managers serving individual investors around the world. State Street has partnered with UC Investments for more than two decades. Today, State Street manages $110 billion of UC Investments\u2019 $193 billion portfolio across pension, endowment, and other assets and provides custody and other investment services for most of its portfolio.<\/p>\n<p>\nFor UC Investments, the initiative reflects a deepening commitment to financial inclusion. It builds on a 2024 milestone that opened the Blue &amp; Gold Endowment Pool \u2013 the same fund in which the institution invests \u2013 to individual retirement savers. In 2017, UC and State Street collaborated to introduce Deferred Lifetime Income, an optional annuity solution for UC Retirement Savings Plan participants.<\/p>\n<p>\n\u201cWe\u2019re proud to expand our partnership with State Street to deliver the kinds of insights, tools, and investment access that have historically been reserved for large institutions or ultra-wealthy investors,\u201d said Jagdeep Singh Bachher, chief investment officer for the University of California. \u201cOur goal is to help every UC community member take control of their financial future \u2013 using AI, data, and design to build a long-term plan for wealth and security.\u201d<\/p>\n<p>\nThe initiative will reimagine the investor experience with a digitally enabled, AI-powered platform that simplifies access to private markets, enhances financial literacy, and supports personalized financial planning. By putting powerful wealth-building tools into the hands of individuals, UC Investments and State Street aim to fundamentally reshape how people engage with their financial futures.<\/p>\n<p><b>About State Street Corporation<\/b><\/p>\n<p>\nState Street Corporation (NYSE: STT) is one of the world&#8217;s leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $46.7 trillion in assets under custody and\/or administration and $4.7 trillion* in assets under management as of March 31, 2025, State Street operates globally in more than 100 geographic markets and employs approximately 53,000 worldwide. For more information, visit State Street&#8217;s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.statestreet.com&amp;esheet=54284420&amp;newsitemid=20250701254564&amp;lan=en-US&amp;anchor=www.statestreet.com&amp;index=1&amp;md5=644e31ab7eb38d1b2e9a0805054388aa\">www.statestreet.com<\/a>.<\/p>\n<p><i>*Assets under management as of March 31, 2025 includes approximately $106 billion of assets with respect to SPDR<sup>\u00ae<\/sup> products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.<\/i><\/p>\n<p><b>About UC Investments<\/b><\/p>\n<p>\nUC Investments manages the University of California\u2019s retirement, endowment, working capital, and cash assets. Serving students, alumni, faculty, and staff, UC Investments provides fiduciary oversight and long-term stewardship of the university\u2019s $193 billion investment portfolio. Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ucop.edu%2Finvestment-office%2Findex.html&amp;esheet=54284420&amp;newsitemid=20250701254564&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=c3ebf7dc71949978e8190f57dc5d10ba\">here<\/a> for more.<\/p>\n<p>\nTracking number: 8125873.1.1.GBL.RTL<br \/>\n<br \/>Expiration date: Jun 30, 2026<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250701254564r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250701254564\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250701254564\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Michael Kingsley (North America)<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mkingsley@statestreet.com\">mkingsley@statestreet.com<br \/>\n<\/a><br \/>+1 (914) 522-9471<\/p>\n<p>\nMichel Chau (EMEA)<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mchau@statestreet.com\">mchau@statestreet.com<br \/>\n<\/a><br \/>+44 (0) 7500 682982<\/p>\n<p><b>KEYWORDS:<\/b> United States North America California Massachusetts<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Accounting Professional Services Personal Finance Fintech Apps\/Applications Technology Asset Management University Artificial Intelligence Education Data Analytics Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250701254564\/en\/2511782\/3\/State_Street_h_sm_rgb.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250701254564\/en\/2511784\/3\/Logo_Lockup-Black.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals BOSTON &amp; OAKLAND, Calif.&#8211;(BUSINESS WIRE)&#8211; UC Investments, the investment arm of the University of California, and State Street Corporation (NYSE: STT), a global leader in asset management and investment servicing, today announced a strategic initiative to give individuals access to institutional-grade investment tools and opportunities. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250701254564\/en\/ The initiative will combine the latest investment technologies and artificial intelligence to give individuals direct access to a broader spectrum of investment opportunities, including private markets. It also seeks to enhance financial literacy and deliver highly personalized, digitally enabled investment experiences through a new \u201csuperapp\u201d \u2013 a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-and-uc-investments-forge-strategic-alliance-to-expand-access-to-wealth-building-tools-for-individuals\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-865720","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-and-uc-investments-forge-strategic-alliance-to-expand-access-to-wealth-building-tools-for-individuals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals BOSTON &amp; OAKLAND, Calif.&#8211;(BUSINESS WIRE)&#8211; UC Investments, the investment arm of the University of California, and State Street Corporation (NYSE: STT), a global leader in asset management and investment servicing, today announced a strategic initiative to give individuals access to institutional-grade investment tools and opportunities. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250701254564\/en\/ The initiative will combine the latest investment technologies and artificial intelligence to give individuals direct access to a broader spectrum of investment opportunities, including private markets. It also seeks to enhance financial literacy and deliver highly personalized, digitally enabled investment experiences through a new \u201csuperapp\u201d \u2013 a &hellip; Continue reading &quot;State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-and-uc-investments-forge-strategic-alliance-to-expand-access-to-wealth-building-tools-for-individuals\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-01T16:03:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250701254564r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/state-street-and-uc-investments-forge-strategic-alliance-to-expand-access-to-wealth-building-tools-for-individuals\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/state-street-and-uc-investments-forge-strategic-alliance-to-expand-access-to-wealth-building-tools-for-individuals\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals\",\"datePublished\":\"2025-07-01T16:03:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/state-street-and-uc-investments-forge-strategic-alliance-to-expand-access-to-wealth-building-tools-for-individuals\\\/\"},\"wordCount\":733,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/state-street-and-uc-investments-forge-strategic-alliance-to-expand-access-to-wealth-building-tools-for-individuals\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250701254564r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/state-street-and-uc-investments-forge-strategic-alliance-to-expand-access-to-wealth-building-tools-for-individuals\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/state-street-and-uc-investments-forge-strategic-alliance-to-expand-access-to-wealth-building-tools-for-individuals\\\/\",\"name\":\"State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals - 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250701254564\/en\/ The initiative will combine the latest investment technologies and artificial intelligence to give individuals direct access to a broader spectrum of investment opportunities, including private markets. 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