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State Street Global Advisors Forms Strategic Relationship With smallcase to Deepen Commitment to India's Fintech Ecosystem And Enhance Global Market Access For Indian Investors

1. SSGA partners with smallcase to expand distribution of SPDR ETFs. 2. Strategic investment enhances SSGA's market reach in India.

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Why Bullish?

This strategic partnership indicates growth potential for SSGA, enhancing asset management services and visibility for STT. Past collaborations have proven beneficial in expanding market share.

How important is it?

The partnership with smallcase represents a significant move for STT, reflecting strong investment strategies and potential revenue growth from ETF offerings.

Why Long Term?

The strategic relationship positions STT for sustained growth in the Indian market, which may yield benefits over several years.

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BOSTON & BANGALORE, India--(BUSINESS WIRE)--State Street Global Advisors (SSGA), the asset management arm of State Street Corporation (NYSE: STT) and one of the world's leading investment managers, announced a strategic relationship with smallcase, India's largest model portfolios platform. The collaboration is part of SSGA's strategic investment in smallcase announced recently. The relationship will offer SSGA a strategic distribution opportunity for its SPDR ETFs by being featured on smallcas.

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