“State Street Global Advisors (SSgA) has announced that it has acquired an exclusive licence from Standard & Poor’s (S&P) to list and trade SPDR exchange traded funds (ETFs) based upon the S&P/ASX 200,” Milana Pokrajac Reports From Money Management.

“The licence with S&P means SSgA has the right to offer an ETF product replicating Australia’s benchmark index of the country’s top 200 listed companies. The SPDR S&P/ASX 200 had more than $2.17 billion in funds under management (FUM) at May 31, accounting for more than 65 per cent of total ETF assets offered in Australia,” Pokrajac Reports.

Related posts:

1. State Street Global Advisors Issues 2012 ETF & Investment Outlook
2. State Street Global Advisors Launches Online ETF Education Resource
3. State Street Global Advisors Files For SPDR S&P MILA 40 ETF
4. State Street Global Advisors Unveils Two New Fixed Income SPDR Exchange Traded Funds
5. State Street Global Advisors Files For SPDR Barclays Capital Short Term High Yield Bond ETF

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