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State Street Launches Digital Division
The new unit will be led by Nadine Chakar, head of State Street Global Markets.
Since he took over the Federal Reserve, stocks had dropped on days when its policymaking body wrapped up work—until yesterday.
Institutional investors are split over how much risk central banks present.
Continued strength from the equities market may be the most consistent return-driver allocators can hope for.
Report finds pension funds spurred increase in worldwide asset total.