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.
- > ZAR 33.8 trillion in assets under custody and administration
- > ZAR 2.7 trillion in assets under management**
- > Offices in 16 Europe, Middle East and African countries
- *As of 31 March 2012 — Source: State Street Q1 2012 earnings release, 17 April 2012
**This AUM includes the assets of the SPDR Gold Trust (approximately ZAR 523 billion as of 31 March 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
State Street entered the European market in 1970. Since then, we’ve worked to strengthen and expand our presence in the region to better serve our clients. Today, with more than 9,000 employees* throughout Europe, the Middle East and Africa, we offer local investors a complete range of financial services across the investment spectrum, including investment servicing, investment research and trading, and investment management.
State Street has been servicing the South Africa investment market for more than 15 years, and today we have expanded our local presence to more than 100 employees in our Cape Town office. These dedicated professionals have in-depth experience in servicing the needs of our clients and are today providing middle- and back-office solutions for a wide range of investment products and services developed exclusively for local investors. In addition to their market knowledge, our employees bring you the wide range of integrated, scalable services and global capabilities offered by State Street. The South Africa region is a key component of State Street’s global growth strategy, and we are committed to further enhancing our business to meet the changing needs of clients in the region.
To help you keep up with the sweeping changes taking place in the financial industry — both worldwide and in South Africa — State Street brings you an array of flexible and customisable investment servicing solutions, including:
- Global custody services
- Fund accounting
- Third-party and outsourced fund administration services including hedged share classes and performance fees
- Investment manager outsourcing
- Online client portal my.statestreet.com
- Tax reporting
- Investment performance and analytics
- Cash management
- Flexible client reporting
- Securities lending
- Foreign exchange and research
- Transition management
- Interim overlay strategies
These services support a wide range of complex structures including:
- Unit trusts and other collective investment schemes
- Life insurance funds
- Pension and provident funds
- Offshore funds
- Handling of exchange and OTC derivatives
Our products and services, expertise, and local knowledge help clients stay focused on their core competencies, not on time-consuming administrative tasks.
Investment Research and Trading
We provide specialised research, trading, securities lending and innovative portfolio strategies with the goal of enhancing and preserving the value of your portfolio. We do this through proprietary portfolio and risk management technologies, trading optimisation and global connectivity across multiple asset classes and markets. Through our integrated global network, we offer diverse liquidity and crossing to facilitate cost-effective solutions that meet your needs. Our capabilities span foreign exchange, equities, fixed income and derivatives. Our transition management capabilities are designed to help reduce your overall transition costs minimise operational and portfolio risk during complex transitions and provide greater transparency.
You can also take advantage of our industry-leading securities finance services. In the fast-changing, volatile global markets, you need to partner with a proven lending agent — one that is focused on the pursuit of strong and consistent returns in the context of conservative risk management, committed to programme transparency and best practice oversight, and dedicated to maintaining scale and global reach.
With approximately ZAR 18.2 trillion in lendable assets* and a team of nearly 280 dedicated professionals* worldwide, State Street is a market leader in securities finance. We developed our enhanced custody model, for example, to give you more control over your assets and provide increased transparency. This service allows investors to engage in direct borrowing and financing from their own long positions, creating a more efficient and cost-effective way to service long/short strategies.
Through the corporation’s investment management business, State Street Global Advisors, we provide you with the disciplined, systematic investment strategies you need to achieve your investment goals.
As one of the world’s largest managers of institutional assets, State Street Global Advisors manages more than ZAR 15.4 trillion in assets** worldwide as of 31 March 2012. We leverage this in-depth expertise and decades of experience to create highly customised investment solutions that align with your distinct risk parameters.*As of 31 March 2012 — Source: State Street financial data
**This AUM includes the assets of the SPDR Gold Trust (approximately ZAR 523 billion as of 31 March 2012), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors, serves as the marketing agent. Source: State Street financial data
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
Americas Service Provider Awards
Outsourcing Provider of the Year
- Financial Times
Global Private Banking Awards 2011
- Best Global Custody Provider
- aiCIOIndustry Innovation Awards 2011
- Master Trust
- Global Custody
- European Pensions2011 European Pensions Awards
- Custodian of the Year
- Global Finance
- Best online bank among FX trading systems (Currenex) 2011
- International Custody and Fund Administration (ICFA) 2011 European Awards
- European Transfer Agent of the Year
- European Private Equity Fund Administrator of the Year