State Street Partners with SBI Group to Expand ETF Presence in Japan

State Street is highlighting its partnership with SBI Group as part of a broader push into exchange-traded funds, with executive vice president and chief business officer Anna Paglia discussing the tie-up and the outlook for ETF flows from Tokyo, according to Bloomberg. Her comments came on the sidelines of the S&P Dow Jones Indices Japan ETF Conference, where industry executives have been focusing on demand trends in Japan and across Asia.

The partnership points to State Street’s effort to deepen its presence in one of the world’s largest and fastest-evolving ETF markets. State Street’s own outlook has emphasized strong regional momentum, noting that ETF assets in Korea grew sharply last year even as local markets were volatile, while Japan’s reforms to the Nippon Individual Savings Account, or NISA, have been a major support for inflows, according to the company’s 2025 global ETF outlook.