State Street Ranked Top Transition Manager in Global Survey
June 15 2011 - 9:00AM
Business Wire
State Street Corporation (NYSE: STT), one of the world’s leading
providers of financial services to institutional investors, today
announced that it was ranked No. 1 overall (weighted) in the 2011
Global Investor Transition Management survey for the second year in
a row, while marking its fifth consecutive year in the top 10
overall.
The Global Investor Transition Management Survey ranks
transition managers around the world by different asset levels and
across 11 individual service categories. State Street’s No. 1
weighted ranking was based on its ability to provide clients with
global transitions across asset classes, regions and markets. In
addition to its top overall ranking, State Street also achieved No.
1 weighted rankings in the following categories: Qualifiers in All
Regions and Transitions over $1 Billion.
“We are very pleased with these results, which once again
reinforce State Street’s position as a global leader in transition
management,” said Ross McLellan, executive vice president and head
of transition management at State Street. “We understand that
transition management needs vary widely across all markets and
utilize our global expertise and local market knowledge to deliver
the risk-controlled and cost-effective results that our clients
expect.”
State Street’s transition management team operates on a
24-hour-a-day basis with operations in Boston, London, Sydney,
Toronto and Tokyo providing services for more than 1,000 transition
management clients worldwide.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's
leading providers of financial services to institutional investors,
including investment servicing, investment management and
investment research and trading. With $22.6 trillion in assets
under custody and administration and $2.1 trillion* in assets under
management at March 31, 2011, State Street operates in 26 countries
and more than 100 geographic markets worldwide. For more
information, visit State Street’s website at
www.statestreet.com.
*This AUM includes the assets of the SPDR Gold Trust (approx.
$56 billion as of March 31, 2011), for which State Street Global
Markets, LLC, an affiliate of State Street Global Advisors serves
as the marketing agent.
State Street (NYSE:STT)
Historical Stock Chart
From May 2024 to Jun 2024
State Street (NYSE:STT)
Historical Stock Chart
From Jun 2023 to Jun 2024
