UC Investments, the investment arm of the University of California, and State Street have formed an initiative to give individuals access to institutional-grade investment tools and opportunities. The initiative will combine the latest investment technologies and artificial intelligence to give individuals direct access to a broader range of investment opportunities, including private markets. It also seeks to enhance financial literacy and deliver highly personalized, digitally enabled investment experiences through a new “superapp” – a single platform with multiple investment management services – that will be offered to the 353,000 participants in UC’s defined contribution plan.
