State Street's (STT) State Street Global Advisors lost a mandate with AkademikerPension, a Danish pension fund, following a review that included the asset manager's climate commitments, Bloomberg reported Thursday, citing the fund's chief investment officer, Anders Schelde.
State Street didn't immediately reply to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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