State Street Corporation (NYSE:STT), the world’s leading provider of financial services to institutional investors, announced today that its global ETF assets under administration exceeded US$2 trillion as of January 31, 2017[1], and that State Street currently services 55% of the global industry’s exchange traded funds (ETF) and exchange trade products (ETP) assets under management.[2] State Street was also the recipient of the best custody service provider award at this year’s Fund Action ETF Innovation Awards. Past winners of these awards have been responsible for ground breaking ideas, fund products and a level of service that have helped both investors and clients.
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