State Street Investment Analytics Announces Master Trusts Gained 19.4% in 2009

Monday, February 8, 2010 1:00 pm EST



Public Company Information:


BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT), one of the world’s leading providers of financial services to institutional investors, announced today that the median return of its universe of total plans rose 3.1% in the 4th Quarter and 19.4% for the year ended December 2009, rebounding from the 24.6% loss in 2008. The State Street Universe (SSU) consists of a diverse range of North American funds custodied at State Street and funds provided by the Independent Consultants Cooperative. It includes both the total plans of a wide range of plan sponsors and the individual funds that comprise each plan.

Plans smaller than $1 billion outperformed larger plans this year (19.8% vs. 17.6%). Endowments & Foundations had the highest returns for the year (up 21.3%) while Public Funds and Taft Hartley gained only 18.5% and 18.4%, respectively.

International Emerging Market Equity funds rebounded sharply in 2009, rising 77.0% after decreasing 51.1% in 2008. Other types of equity funds also performed strongly: International Developed Market Equity Funds rose 33.4% and US Equity Funds, 30.1%. Fixed income funds also did well in 2009: Global Fixed Income Funds were up 17.8% and US Fixed Income Funds gained 11.8%. Real Estate funds lost 28.8% in 2009, but were down only 1.5% in the 4th Quarter.

“The returns evidenced by the State Street Universe mirror and reinforce the perception of a general market improvement,” said William Pryor, senior vice president and head of State Street Investment Analytics. “Whether that improvement will carry on or not into 2010 no one can predict, however, we are entering the year with positive momentum which is a distinguished difference from the market tone at the end of 2008.”

About State Street

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 $18.8 trillion in assets under custody and administration and $1.9 trillion in assets under management at December 31, 2009, State Street operates in 25 countries and more than 100 geographic markets worldwide. For more information, visit State Street’s web site at

About State Street Investment Analytics (SSIA)

State Street’s Investment Analytics (SSIA) Group provides performance, analytics, risk and compliance services and employs a staff of more than 500 dedicated investment performance professionals in 14 offices worldwide. SSIA serves approximately 1,100 customers with asset volumes exceeding $5.5 trillion, helping customers monitor and measure the success of their investment strategies in any market and in any asset class, including alternative investments.

About the Independent Consultants Cooperative

The Independent Consultants Cooperative is a consortium of independent investment consulting firms that deliver superior value-added products to their clients. The ICC is currently comprised of thirteen well-established firms located across the country that collectively consult to 10% of the industry’s institutional assets. In order to avoid conflicts of interest, none of the ICC member firms offers investment management services. Rather, the ICC focuses solely on the continuous refinement of investment consulting products, systems and diagnostic databases for the collective benefit of their clientele. For more information about the Independent Consultants Cooperative and its member firms, visit the web site at

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The State Street Universe (SSU): Median Return (Graphic: Business Wire)
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The State Street Universe (SSU): Median Return (Graphic: Business Wire)


State Street Corporation
Alicia Curran Sweeney, + 617-664-3001

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