State Street acquires Complementa Investment

Following the transaction Complementa will be a subsidiary of State Street and keep its name and identity.

St Gallen-based Complementa Investment Controlling offers consolidation of assets performance measurement and investment control for institutional and large private investors. Clients include asset managers, banks pension funds, family offices, insurance companies, foundations and trustees in Switzerland and Germany.

Founded in 1984, the firm employs 150 people. Complementa Group owns subsidiary asset management system software provider Allocare which will also be taken over by State Street.

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