SPDR® ETFs Named Most Recognized Brand for Fifth Consecutive Year
April 27 2012 - 9:29AM
Business Wire
State Street Global Advisors (SSgA),* the asset management
business of State Street Corporation (NYSE: STT), today announced
that SPDR ETFs were awarded the Most Recognized ETF Brand for the
Americas for the fifth consecutive year at the 8th Annual Global
ETF Awards Dinner held in New York on April 26, 2012.
SSgA is also proud to announce that Jim Ross, senior managing
director and global head of SPDR Exchange Traded Funds, was honored
with the inaugural Nate Most Greatest Contributor to the ETF
Industry award.
“Nate Most was a brilliant innovator who led an astounding
career,” Ross said. “To receive such a prestigious award in his
name is an honor for which I’m very grateful.”
In addition to the awards above, SSgA received its fourth annual
Most Informative ETF Website for the Americas award for SPDRs.com,
which features data and research on exchange traded funds and the
markets. The website also includes links to SPDR University
(www.spdru.com), a free online educational center designed to meet
investment advisors’ demand for high-quality thought leadership and
ETF Fact or Fiction (www.etffactorfiction.com), a new website that
provides individual investors with a comprehensive, trusted
resource for ETF education.
SSgA and State Street also received awards for:
- Best Service Provider – Asia-Pacific
Region: SSgA;
- Best Service Provider – Europe: State
Street Fund Services (Ireland) Limited; and
- ETP that raised the most assets (in
absolute growth) for the Americas: SPDR Gold Shares
“It’s always rewarding to be recognized by our peers for our
leadership in the ETF industry and investor education,” said Gary
MacDonald, senior managing director and global head of Marketing at
State Street Global Advisors. “As ETF product development evolves
and expands into new structures, including active management,
ensuring that every investor and financial advisor has the
information needed to do their due diligence is vital to the
continued growth of ETFs.”
The Global ETF Awards were created in 2005 by
exchangtradedfunds.com to recognize those who have contributed to
the development of the industry. The awards are based on votes
casted by ETF industry professionals worldwide. In 2012, over 520
different organizations from the Asia-Pacific, Europe, the
Americas, the Middle East and Africa voted for Global ETF Award
recipients.
State Street manages $307 billion in SPDR ETF assets worldwide
(as of March 31, 2012)** and is one of the largest ETF providers in
the US and globally.
About SPDR Exchange Traded Funds
SPDR ETFs are a comprehensive family spanning an array of
international and domestic asset classes. SPDR ETFs are managed by
SSgA Funds Management, Inc., a registered investment adviser and
wholly owned subsidiary of State Street Bank and Trust Company. The
funds provide professional investors with the flexibility to select
investments that are precisely aligned to their investment
strategy. Recognized as the industry pioneer, State Street created
the first ETF in 1993 (SPDR S&P 500® – Ticker SPY). Since then,
we’ve sustained our place as an industry innovator through the
introduction of many ground-breaking products, including
first-to-market launches with gold, international real estate,
international fixed income and sector ETFs. For more information,
visit www.spdrs.com.
About State Street Global Advisors
State Street Global Advisors (SSgA) is a global leader in asset
management. The firm is relied on by sophisticated investors
worldwide for its disciplined investment process, powerful global
investment platform and access to every major asset class,
capitalization range and style. SSgA is the asset management
business of State Street Corporation, one of the world’s leading
providers of financial services to institutional investors.
*SPDR ETFs are managed by SSgA Funds Management, Inc., a
registered investment adviser and wholly owned subsidiary of State
Street Bank & Trust Company.
**This AUM includes the assets of the SPDR Gold Trust (approx.
$69 billion as of March 31, 2012), for which State Street Global
Markets, LLC, an affiliate of State Street Global Advisors serves
as the marketing agent.
Important Risk Information:
ETFs trade like stocks, are subject to investment risk,
fluctuate in market value and may trade at prices above or below
the ETFs net asset value. Brokerage commissions and ETF expenses
will reduce returns.
“SPDR” is a registered trademark of Standard & Poor’s
Financial Services, LLC (“S&P”) and has been licensed for use
by State Street Corporation. No financial product offered by State
Street or its affiliates is sponsored, endorsed, sold or promoted
by S&P.
Distributor: State Street Global Markets, LLC, member FINRA,
SIPC, a wholly owned subsidiary of State Street Corporation.
References to State Street may include State Street Corporation and
its affiliates. Certain State Street affiliates provide services
and receive fees from the SPDR ETFs.
Before investing, consider the fund’s investment objectives,
risks, charges and expenses. To obtain a prospectus or summary
prospectus which contains this and other information, call
1-866-787-2257 or visit www.spdrs.com. Read it
carefully.
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