State Street announced today that it has been recognized with a top ranking in Global Investor ISF’s 2014 Transition Management survey.
The survey ranks transition managers around the world by different asset levels and across several subsets and service categories and asks respondents to rate the performance of the firms they have used over the past twelve months. Ratings are then ranked one to seven across 11 service categories. According to the survey, State Street was the stand-out performer in the raw data tables, achieving the highest average score, and it was the top-performing transition manager globally in every service category.
“It’s an honor to be recognized by our clients as a leading provider of transition management services,” said Nicholas Bonn, executive vice president of State Street Global Markets and global head of State Street's portfolio solutions business globally. “State Street has been in the transition management business for more than 20 years and we remain committed to providing our clients with cost effective and innovative solutions in this area.”
For the full results of the Global Investor ISF 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.