State Street Awarded Global Mandate by Allianz Global Investors
State Street Corporation (NYSE: STT) announced today that it has been appointed by Allianz Global Investors (AllianzGI) to
provide a wide range of investment services. The agreement expands an existing relationship into a strategic global partnership
with State Street delivering a broad spectrum of investment servicing solutions for more than EUR 450 billion in assets under
management.
State Street will provide middle and back office solutions including fund administration, depository and trustee services,
global custody, transfer agency, share class hedging, and data consolidation services. The mandate remains subject to approvals of
applicable funds’ boards as well as customary regulatory approvals.
Jeff Conway, chief executive officer for EMEA at State Street said, “We are delighted to expand our relationship with Allianz
Global Investors and are looking forward to the next phase of this strategic partnership, which defines a new service model for
leading asset managers. State Street’s data consolidation and analytics capabilities are a cornerstone for creating a joint end to
end operating model that will service AllianzGI across all asset classes and jurisdictions and support their future growth. This
mandate demonstrates the value of a true partnership with our client.”
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 $29 trillion in assets under
custody and administration and $2 trillion* in assets under management as of December 31, 2016, State Street operates in more than
100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State
Street’s website at www.statestreet.com.
* Assets under management were $2 trillion as of December 31, 2016. AUM reflects approximately $31 billion (as of December
31, 2016) with respect to which State Street Global Markets, LLC (SSGM) serves as marketing agent; SSGM and State Street Global
Advisors are affiliated.
Important Information
All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no
representation or warranty as to the current accuracy, reliability or completeness of, nor liability for decisions based on such
information and it should not be relied on as such.
The information provided does not constitute investment advice and it should not be relied on as such. It should not be
considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment
objectives, strategies, tax status or investment horizon. You should consult your tax and financial advisor.
State Street Corporation, One Lincoln Street, Boston, MA 02111-2900.
© 2016 State Street Corporation - All Rights Reserved
CORP-2587
Expiration date: 12/31/2017
State Street Corporation
Alice Westwell, + 44 203 395 2673
AWestwell@StateStreet.com
@StateStreet
or
Anne McNally, + 1 617-664-8576
AMcNally@StateStreet.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20170125005704/en/