Insights
State Street at the Milken Global Conference:
Los Angeles, May 4-7, 2025
Toward a flourishing future
We’re honored to participate in forward-thinking conversations at this year’s Milken Institute Global Conference, helping shape a more prosperous future and sharing insights on financial innovation, economic opportunity and sustainable growth amidst rapid technological advancements and geopolitical uncertainty.
Ronald P. O’Hanley
Chairman and Chief Executive Officer
Joerg Ambrosius
President of Investment Services
Donna Milrod
Chief Product Officer
Tadhg Young
Head of Global Clients Division
Sarah Salih
Head of North America for Investment Services
Macroeconomic outlook
Monday, May 5
1-2 p.m. PT/10-11 a.m. ET
Amid a dynamic market environment, investors are increasingly challenged to make informed decisions and better position themselves to mitigate risks and capitalize on opportunities. Ron O’Hanley joins this panel of financial markets experts to examine how investors can balance short-term market volatility with long-term strategic goals. They will explore the innovative approaches and technologies that investors can leverage to gain a competitive edge in analyzing and responding to rapidly changing and complex macroeconomic conditions.
Private markets reimagined
Tuesday, May 6
8:30-9:30 a.m. PT/5:30-6:30 a.m. ET
As private markets evolve, addressing capital concentration risks, enhancing transparency through technological advances, and managing inherent illiquidity with innovative solutions are crucial for balancing opportunity with systemic stability. Donna Milrod joins this moderated discussion examining how new investment vehicles in private markets may impact the allocation strategies of institutional investors and high-net-worth individuals. This panel will also delve into the regulatory changes that could arise in response to the growing influence of private markets, and how these changes may affect market participants.
The North American economy: Ties that bind, despite it all
Tuesday, May 6
4-5 p.m. PT/1-2 p.m. ET
As global economic dynamics shift, North America stands at a pivotal moment to leverage its collective strengths. Macroeconomic trends — ranging from inflation and labor market shifts to technological innovation and energy transitions — are reshaping the region’s economic outlook. While longstanding trade ties among the United States, Canada and Mexico remain critical, it is the broader economic integration and resilience of the region that will determine its future competitiveness. Sarah Salih joins other experts to examine how North America can capitalize on its shared assets, adapt to global shifts, and chart a course for long-term, sustainable growth.
Global economic shifts
From protectionist trade policies to the surging demand for Treasuries, the global economy is transforming rapidly.
The price of protectionism: Understanding the economic tradeoffs of tariffs
This paper examines the broader implications of tariffs, underscoring the tradeoffs inherent in tariff policy and their potential economic and financial consequences.
Five forces reshaping the global economy: Insights for investors and policymakers
After a series of profound shocks – from the Global Financial Crisis to the COVID-19 pandemic and intensifying geopolitical tensions – the global economy faces a complex set of structural shifts that challenge traditional growth models and conventional policy tools.
Who will buy the oncoming surge of Treasuries? And at what price?
Treasuries face unprecedented supply challenges, impacting yields, liquidity and investor demand. Our research explores key risks and implications for global financial markets.
Innovative investment strategies
Innovative investment models are driving change and creating opportunities across global markets.
2025 Global ETF Outlook: The expansion accelerates
What’s the next big thing for ETFs? Our experts share their predictions for the megatrends that are set to shape each major region throughout the year.
Private markets and the data revolution: Challenges, solutions, and the future with AI
We gathered a panel of industry specialists from the financial services and technology sectors to analyze the most compelling themes from our study.
Assessing the economic impact of generative AI: Translating promise to reality
This paper examines whether GenAI can indeed herald a new era of economic and technological evolution or fade in similar ways to several previous technological disruptions.
Harnessing AI and digital innovation
Technological advancements and breakthroughs in AI and quantum computing are reshaping the future of finance at an unprecedented pace.
Navigating DeepSeek’s disruption: Opportunities and challenges in AI advancement
The emergence of DeepSeek signals a structural shift in the AI economy, with far-reaching consequences for investment strategies, regulatory landscapes and global competitiveness.
The road from innovation to execution: Digital Digest March 2025
The first edition of 2025 of our Digital Digest explores the ever-changing digital asset landscape, and what we can expect from the new United States administration in their approach to regulations.