State Street Wins Mutual Fund Administrator and Transfer Agent of the Year Awards
May 14 2013 - 1:00PM
Business Wire
State Street Corporation (NYSE: STT), announced today that it
has been named 2013 Mutual Fund Administrator of the Year and 2013
Transfer Agent of the Year by Custody Risk magazine.
The Custody Risk Americas Awards (formerly ICFA magazine)
recognize outstanding achievers in the securities services industry
in both North and South America. The awards were announced in New
York on April 18 and were judged by an independent panel of
experts. State Street was named Outsourcing Provider of the Year in
2012.
“We are pleased to receive these awards from Custody Risk
magazine,” said Alan Greene, executive vice president of US
investment services and institutional investor services at State
Street. “We are committed to providing clients with efficient
solutions on a global basis and being recognized in these two
servicing categories reaffirms that focus.”
State Street is the largest provider of mutual fund custody and
accounting services in the US based on asset rankings published in
the 2012 Mutual Fund Service Guide.
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 $25.4 trillion in assets
under custody and administration and $2.2 trillion in assets under
management at March 31, 2013, State Street operates in more than
100 geographic markets worldwide, including the U.S., Canada,
Europe, the Middle East and Asia. For more information, visit State
Street’s web site at www.statestreet.com.
This AUM includes the assets of the SPDR Gold Trust (approx.
$62.7 billion as of March 31, 2013), for which State Street Global
Markets, LLC, an affiliate of State Street Global Advisors, serves
as the marketing agent.
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