Clients ranked State Street (NYSE: STT) No. 1 globally among custodians in Global Investor/isf magazine’s 2012 Beneficial Owners Survey on securities lending. The majority of respondents named State Street as the most innovative provider of the year.
The Global Investor/isf survey asked beneficial owners to assess the performance of their securities lending agents across a range of service categories. State Street finished first among custodians, topping the weighted regional table for the Americas, EMEA and Asia Pacific.
“Respondents said State Street had the ability to create bespoke programs, demonstrated good performance in utilization, proven its financial stability and praised its advanced reporting roll-out,” the survey editors reported. One respondent quoted in the survey said, “[State Street] provides opportunities due to its size of portfolio versus other providers.” Another respondent noted, “We have forged a stronger partnership with the account relationship and sales team to manage our program and address more creative ways to manage our program through changing markets.”
“We are honored that our clients see State Street as a leading provider of securities lending services globally,” said Nick Bonn, executive vice president and head of State Street’s Securities Finance division. “The Global Investor/isf survey clearly demonstrates our clients’ satisfaction with our consultative approach, expertise in local markets and ability to help them manage their securities lending program in an uncertain and risk-averse environment.”About State Street 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 $24.4 trillion in assets under custody and administration and $2.1 trillion in assets under management at December 31, 2012, State Street operates in 29 countries and more than 100 geographic markets. For more information, visit State Street’s web site at www.statestreet.com. This AUM includes the assets of the SPDR Gold Trust (approx. $72.2 billion as of December 31, 2012), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors, serves as the marketing agent.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV