Press Release Details

State Street Corporation (NYSE: STT), is pleased to announce today the winners of the third annual State Street Institutional Press Awards, Asia Pacific, in recognition of outstanding performance in institutional financial services reporting across the region. This year, more than 100 submissions from the region’s publications were entered, including those from Hong Kong, mainland China, Singapore and Australia.

Entries were judged by an independent panel of industry professionals led by Tom Leander, editor-in-chief, Asia, Lloyd’s List and supported by respected figures from Asia-based journalism, investment and financial services industries, including:

• Professor Anthony Fung, director, School of Journalism and Communication, The Chinese University of Hong Kong
• Mr. Barrie Dunstan, veteran financial journalist
• Mr. Paul Smith, managing director, APAC, The CFA Institute
• Ms. Sally Wong, CEO, Hong Kong Investment Funds Association
• Mr. Wu Chen, Head of Editorial (Asia Pacific), EuroFinance

The 2014 winners and highly commended are as follows:

Hosting the journalists at a luncheon in Hong Kong, Wai-Kwong Seck, executive vice president and head of State Street Global Services and Global Markets, Asia Pacific, acknowledged the active participation of the media in the financial industry. “We are proud to honour and recognize excellence in institutional financial services reporting. And we congratulate all the award winners as well as the highly-commended journalists.

“Journalists play an important role in enhancing transparency and generating constructive debate about the many issues and challenges facing the financial industry. The quality of reporting evident in the State Street Press Awards submissions is excellent and exemplifies how this level of reporting helps investors and stakeholders gain a better understanding of the increasing complexities in the global financial industry, markets and economies.”

Tom Leander, lead judge for the Press Awards, and Asia editor-in-chief for Lloyd’s List said, “The 2014 State Street Institutional Press Awards showed evidence that a strong competitive spirit is growing in coverage of Asian investment and markets. We were able to grow our entries substantially for this year's contest. A majority of the entries demonstrated enterprise, imagination and professionalism in their coverage. Thankfully, this made the judges' challenge more difficult. Many entries competed for the top prize, and much debate was required to identify the winners.

“Asia is rapidly gaining stature as a global financial centre. Strong, fair and insightful reporting keeps markets honest, regulators on their toes and gives investors knowledge and better choices. I am pleased to report that the 2014 field of competitors have done just that."

To read the winners’ articles and learn more about the Awards, please visit http://statestreetpressawards.com

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 $28.47 trillion in assets under custody and administration and $2.42 trillion* in assets under management as of September 30, 2014, 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 web site at www.statestreet.com.

* Assets under management include the assets of the SPDR® Gold ETF (approximately $30 billion as of September 30, 2014), for which State Street Global Markets, LLC, an affiliate of SSgA, serves as the distribution agent.

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