State Street Named Top Hedge Fund Administrator
Firm’s Alternative Investment Solutions Business Ranked Number One by Absolute Return
State Street Corporation (NYSE: STT) announced today that it received the title of top hedge fund administrator in this year’s
Absolute Return research rankings. State Street moved up from its second place standing in last year’s rankings.
"I could not be more proud that State Street has achieved this no. 1 ranking from Absolute Return,” said George Sullivan,
global head of Alternative Investment Solutions at State Street. “We have made significant investments to both our technology and
operational platforms over the last few years to meet client needs and I’m thrilled that all of that work is being recognized with
this honor. As we continue to innovate and invest, I am confident that State Street will remain the chosen partner for hedge
funds.”
The Absolute Return hedge fund administrator ranking, now in its ninth year, is based on self-reported information from
Americas-based, single-manager hedge funds and public filings. The top administrator chart includes firms with $10 billion or more
in assets under administration.
Absolute Return is a data-driven news and research publication covering the American hedge fund industry.
Click here for more information on the rankings from Absolute Return.
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 $31.0 trillion in assets under
custody and administration and $2.61 trillion* in assets under management as of June 30, 2017, 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.
* AUM reflects approx. $34 billion (as of June 30, 2017) with respect to which State Street Global Advisors Funds
Distributors, LLC serves as marketing agent; State Street Global Advisors Funds Distributors, LLC and State Street Global Advisor
are affiliated.
State Street Corporation One Lincoln Street, Boston, MA 02111-2900.
© 2017 State Street Corporation - All Rights Reserved
CORP- 3278
State Street Corporation
Brendan Paul, + 1-617-662-2903
BPaul2@StateStreet.com
@StateStreet
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