GE To Explore Sale Of GE Asset Management To Another Leading …

Sep 10, 2015 · FAIRFIELD, Conn. - September 10, 2015 - GE [NYSE:GE] today announced it will explore opportunities to sell GE Asset Management (GEAM) - the Company’s asset …

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GE To Sell Asset Management To State Street Corp. For Up To $485 ...

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FAIRFIELD, Conn. — GE and State Street Corporation have announced an agreement for State Street to acquire GE Asset Management (GEAM), GE’s investment management arm, for up …

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State Street To Acquire GE Asset Management - News | ABL Advisor

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Mar 31, 2016 · GE and State Street Corporation announced an agreement for State Street to acquire GE Asset Management (GEAM), GE’s investment management arm, for up to $485 …

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FAQs about GE To Explore Sale Of GE Asset Management To Another Leading … Coupon?

Did GE sell GE Asset Management?

FAIRFIELD, Conn. - July 1, 2016 - GE [NYSE: GE] today announced it has completed the sale of GE Asset Management (GEAM), the company’s investment management arm, to State Street Corporation [NYSE: STT]. ...

Who is GE Asset Management?

About GE Asset Management GE Asset Management Incorporated (GEAM) is a global asset manager with $110 billion in assets under management (as of December 31, 2015). GEAM and its predecessor organizations have been managing investments for GE’s U.S. pension and other benefit plans for over 80 years. ...

What types of investments does GE offer?

Investment offerings cover all major asset classes, including U.S. and international equities, fixed income and alternative assets. Assets are invested side-by-side with the corresponding GE benefit plan portfolios and managed by the same investment professionals, aligning GEAM’s interests with those of its clients. About GE ...

Who is GE investment management?

In 1988, the firm began offering investment management products and services to investors outside GE, and today manages portfolios for more than 100 institutional clients-including corporate and public retirement plan sponsors, foundations, endowments, sovereign wealth funds, insurance companies, and GE affiliates. ...

Who owns GE Asset Management Inc (Geam)?

GEAM is a wholly owned subsidiary of GE, separate from GE Capital. About GE Asset Management GE Asset Management Incorporated (GEAM) is a global asset manager with $110 billion in assets under management (as of December 31, 2015). ...

Why did GE sell its finance unit?

It was announced in April 2015 that GE would sell most of its finance unit and return around $90 billion to shareholders as the firm looked to trim down on its holdings and rid itself of its image of a "hybrid" company, working in both banking and manufacturing. ...