State Street Global Advisors (SSGA) is the investment management division of State Street Corporation and the world's fourth largest asset manager, with nearly $4.14 trillion (USD) in assets under management as of 31 December 2021. The company services financial clients by creating and managing investment strategies for governments, corporations, endowments, non-profit foundations, corporate treasurers and CFOs, asset managers, financial advisors and other intermediaries around the world. SSGA employs 2,500 people in 28 countries around the world. As of March 2021, it had 142 exchange traded funds (ETFs) owned and controlled by the company. History State Street Global Advisors, the asset management division of State Street Corporation, was founded in 1978 in Boston, Massachusetts. Its first three products were a domestic index fund, an international index fund (based on the MSCI EAFE index), and a short-term investment fund. By 1989 the division had $53 billion (USD) in assets under management. In 1990 State Street Global Advisors was formed as a separate entity from State Street Bank with the mission of expanding globally: first London, 10 more international locations by 1994, with 15 by 1999. SSGA invented the investment vehicle known as the exchange-traded fund (ETF) in 1993 with the introduction of the S&P 500 SPDR product (Ticker: ), which is traded on the American Stock Exchange. SSGA is the number three ETF manager in the world after BlackRock and Vanguard. Assets under management climbed to $161 billion (USD) in 1994 and more than quadrupled to $667 billion by 1999. As of 2006, one-third of assets under management were from non-US investors. In 2003, State Street Global Advisors' Boston office moved to the newly completed State Street Financial Center building at One Lincoln Street. State Street Global Advisors launched the first foreign real estate ETF in 2006 (Ticker: ), which provides investors in the US an easy way to access the international housing and commercial development markets. In January 2011, State Street Global Advisors completed its acquisition of Bank of Ireland Asset Management (BIAM). The acquisition was first announced in October 2010 for approximately €57 million. State Street Global Advisors's presence in Ireland, which began 1996, had by 2010 grown to "more than 2,000 local employees." State Street Global Advisors is among the signatories of the "Principles for a Responsible Civilian Firearms Industry," which seeks to engage firearms manufacturers, dealers, and retailers in promoting gun safety. Fearless Girl For March 2017, State