State Street's SPDR(R) ETFs Named Most Recognized ETF Brand
April 23 2008 - 9:38AM
Business Wire
State Street Global Advisors (SSgA), the investment management arm
of State Street Corporation (NYSE: STT) and the largest
institutional fund manager in the world�, announced it received the
Most Recognized ETF Brand in the Americas award at the 4th Annual
Global ETF Awards Dinner held in New York on April 17. Based on
votes cast by more than 340 ETF industry leaders, this award
follows a re-branding initiative launched by State Street Global
Advisors in January 2007 that consolidated the firm�s exchange
traded fund offerings under the singular umbrella of SPDR� ETFs to
make it easier for investors to identify the firm�s ETFs in a
rapidly growing market. In addition to Most Recognized ETF Brand,
State Street was also presented with additional awards for: ETF �
Most Assets Raised in Absolute Terms (SPDR�S&P 500� ETF �
Ticker SPY); ETF � Most Assets Raised in Percentage Terms (SPDR� DJ
Wilshire International Real Estate ETF � Ticker: RWX); and Most
Liquid ETF � Americas (SPDR�S&P 500� ETF). �It is an honor for
State Street to be recognized by industry peers for its leadership
in ETFs,� says Jim Ross, senior managing director, at State Street
Global Advisors. �Having unveiled the world�s first ETF fifteen
years ago, State Street takes great pride in providing outstanding
products to investors seeking more precise exposure to the U.S. and
global markets, a commitment that continues to strengthen the SPDR
brand as the industry evolves.� State Street Global Advisors is one
of the largest ETF providers in the United States and globally. As
of March 31, 2008, assets under management in State Street�s ETFs
worldwide totaled more than $159 billion � up from $114.2 billion
year over year. For more information, visit www.spdretfs.com. About
State Street Global Advisors State Street Global Advisors, the
investment management arm of State Street Corporation (NYSE: STT),
delivers investment strategies and integrated solutions to clients
worldwide across every asset class, investment approach and style.
With $2 trillion in assets under management at March 31, 2008,
State Street Global Advisors has investment centers in Boston, Hong
Kong, London, Milan, Montreal, Munich, Paris, Singapore, Sydney,
Tokyo and Zurich, and offices in 25 cities worldwide. For more
information, visit State Street Global Advisors at www.ssga.com.
�Source: Pensions & Investments magazine for SSgA�s assets
under management as of December 31, 2006 * The U.S. SPDR ETFs are
advised by SSgA Funds Management Inc. and distributed by State
Street Global Advisors, LLC member FINRA, SIPC, each wholly owned
subsidiaries of State Street Corporation. The �SPDR� trademark is
used under license from The McGraw-Hill Companies, Inc.
(�McGraw-Hill�). No financial product offered by State Street
Corporation or its affiliates is sponsored, endorsed, sold or
promoted by McGraw-Hill. Standard & Poor�s�, S&P�, S&P
500�, Select Sector SPDR�, Select Sector SPDRs� are trademarks of
The McGraw-Hill Companies, Inc., and have been licensed for use by
State Street Bank and Trust Company. Before investing, consider the
funds� investment objectives, risks, charges and expenses. A
prospectus which contains this and other information about the fund
can be obtained by calling 1-877-521-4083 or talking to your
financial advisor. Read it carefully before investing.
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