On Sep. 27, 2022, State Street Global Advisors announced that Yie-Hsin Hung will become the firm's president and CEO. She will replace Cyrus Taraporevala, who announced in January 2022 that he intended to retire. Hung has served as CEO of New York Life Investment Management since 2015, where she had previously held numerous leadership roles. SSGA expects Hung to join in December 2022. This announcement does not impact SSGA's Above Average Parent Pillar rating.
Morningstar’s Fund Analysis SSBSX
Will SSBSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SSBSX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SSBSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SSBSX’s parent organization’s priorities and whether they’re in line with investors’ interests.