Editorial companion

What stands out

At the Qatar Economic Forum, State Street Investment Management CEO Yie-Hsin Hung said institutions are prioritizing resilient portfolios, adding liquidity and buffers, expanding private-market access, and selecting State Street's exchange-traded fund (ETF) as the government's default for its Trump Accounts program. This is important: it signals both a client behavior shift toward holding dry powder and a major distribution advantage for State Street. Being a government's default ETF can generate steady, long-term inflows and confer influence over how retirement and public-account assets are allocated.