State Street Recognized by Global Investor/isf Magazine as Top Ranked Global Custodian
May 29 2014 - 1:38PM
Business Wire
State Street Corporation (NYSE: STT) announced today that it has
been named as the overall top-rated global custodian in Global
Investor/isf magazine’s 2014 Global Custody Survey.
The Global Investor/isf Global Custody Survey asked more than
330 asset managers, asset owners and banks to rate their global
custodians across seventeen service categories. According to the
survey, State Street was a standout performer among its peers,
achieving the highest overall global custody ranking.
State Street secured the top position in the weighted service
category tables. It won the top ranking in all nine categories in
which it qualified, including income collections, corporate
actions, settlement services, client services, foreign exchange
services, industry knowledge, network and relationship management
and reporting.
“We are delighted to be recognized as a top global custodian by
Global Investor/isf,” said Joe Antonellis, vice chairman at State
Street. “We strive to put our clients at the center of everything
we do and the results of this survey clearly reinforce that
commitment.”
State Street provides a range of investment servicing solutions
such as custody, fund accounting, performance and analytics, and
client reporting to a broad array of institutional investors
globally.
For full results of the survey please click here.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's
leading provider of financial services to institutional investors
including investment servicing, investment management and
investment research and trading. With $27.5 trillion in assets
under custody and administration and $2.4 trillion* in assets under
management as of March 31, 2014, 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.
* Assets under management include the assets of the SPDR® Gold
ETF (approximately $34 billion as of March 31, 2014), for which
State Street Global Markets, LLC, an affiliate of SSgA, serves as
the distribution agent.
CORP-1027
State Street CorporationAnne McNally,
+1-617-664-8576aemcnally@statestreet.com@StateStreet
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