In a rapidly changing marketplace, the strength and stability of your financial services provider is more important than ever. State Street has a long and proven history of delivering comprehensive and flexible financial solutions to many of the world's largest and most sophisticated institutional investors. As an established and well-capitalised global leader, we can offer the guidance you need to achieve your business objectives — in any market environment.
- €3.6 trillion in assets under custody and administration
- €229.3 billion in assets under management**
- Offices in 11 European countries
- *As of 31 December 2012
**This AUM includes the assets of the SPDR Gold Trust (approximately €54.6 billion as of 31 December 2012), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors, serves as the marketing agent.
A leading provider of financial services to institutional investors worldwide
Since our entry into the European market in 1970, State Street has built a strong presence in the region to better serve our clients. Today, with more than 9,000 employees* throughout Continental Europe, Ireland and the United Kingdom, we offer institutional investors a complete range of financial services across the investment spectrum, including investment servicing, investment research and trading, and investment management.
In the Channel Islands, our Jersey and Guernsey offices have grown to 400 employees* since 2003. When you work with us, you have access to the local market knowledge of our experienced professionals, as well as capabilities and services that are highly scalable and truly global. More importantly, you benefit from our unwavering client focus and commitment to your success. Plus, with our strong local industry representation through the Jersey Funds Association (JFA) and Guernsey Investment Funds Association (GIFA), you'll constantly be at the forefront of industry trends.
With the recent acquisition of Mourant International Finance Administration (MIFA), headquartered in Jersey, Channel Islands, State Street enhanced its capabilities for servicing investors' growing real estate administration requirements.
To help you keep up with the sweeping changes taking place in the financial industry — both worldwide and in Europe — State Street brings you an array of flexible and customisable investment servicing solutions. These products and services, combined with our expertise and local knowledge, bring transparency to the investment process and enable the owners or managers of invested assets to measure, evaluate and objectively interpret their investment performance.
In the Jersey and Guernsey jurisdictions, we currently offer investment services to more than 600 funds* worth in excess of USD 128 billion in offshore assets* for our clients — making State Street a leading third-party service provider of asset administration and custody.
Global Custody Services
State Street has decades of proven experience in providing best-in-class custody services to the institutional market. For each client, we create optimal service models that are backed by the strength of our proprietary multicurrency, multijurisdictional accounting and custody platform.
Through our Alternative Investment Solutions group, we administer more than 2,400 hedge and private equity funds* across a wide range of investment strategies, including global equities, global macro, fixed income, and arbitrage and distressed debt, and we have significant expertise in servicing onshore and offshore alternative investment products. We maintain a dedicated team of more than 1,500 employees* serving more than 1,800 hedge funds* in markets all over the world.
Plus, through our longstanding relationships with key legal professionals in Jersey and Guernsey, we can resolve even the most complicated issues and offer solutions for clients investing in almost any asset class.
Offshore Fund Servicing
State Street's extensive offshore operations require us to support many of the most complex fund structures, including structured finance products, multi-tiered legal entities, derivative-based funds, mortgage-backed funds, offshore trust products and alternative investment funds. We apply this extensive expertise to meet our clients' wide-ranging servicing needs.
Our operations in Jersey and Guernsey are well positioned to provide administration services for a wide range of investment vehicles including unit trusts, Protected Cell Companies (PCCs), Incorporated Cell Companies (ICCs) and limited partnerships, as well as the investment products that are unique to each domicile, such as Expert Funds in Jersey and Qualifying Investor Funds (QIFs) in Guernsey.*As of 31 December 2012
Products and services outlined herein are offered to institutional investors through State Street Bank and Trust Company and State Street Global Advisors, Inc., and affiliates, and may not be available in all jurisdictions. Please contact your sales representative for more information.
- Custody Risk 2012 European Awards
Securities Lender of the Year
Property Fund Administrator of the Year
Fund Administrator of the Year
- Funds Europe 2012 Awards
- European Transfer Agent of the Year