Amid Rising Competition, SPDRs Still Flourish

From the outside, it would appear State Street’s (NYSE: STT) State Street Global Advisors, the second-largest U.S. ETF issuer, has its hands full. One of the firm’s marquee products, the SPDR Gold Shares (NYSEArca: GLD), has lost $22.2 billion in assets this year, nearly three times that of the...