State Street is entrusted to care for trillions of dollars on behalf of millions of investors worldwide. Core to that fiduciary responsibility is our commitment to develop and apply leading-edge investment research practices to enhance the performance of our clients' investments.

State Street's diverse range of investment businesses converge at the crossroads of global portfolio flows. This vantage point enables State Street to offer investors a unique window on world financial markets through a wide array of research products, services and technologies.

Grounded in both intellectual capital and best-of-breed methods, State Street provides investment strategies and benchmarks for performance, and facilitates the investment process for our clients.

At State Street, we know that sophisticated investing mandates sophisticated investment research. We leverage our own expertise, knowledge and perspective, supported by theoretical research gleaned from our academic affiliations, to offer our clients highly useful, in-depth analyses. These offerings include:

• Global Link — Our e-finance network empowering the professional investor offers unique investment research based on proprietary actual world portfolio flow data derived from State Street's trillions of dollars of portfolio holdings.



• Researchers from State Street and State Street Associates, LLC, a unique partnership of industry and academia, are dedicated to delivering preeminent research and global asset allocation and currency management strategies.



• State Street Global Advisors (SSgA), our investment management business, combines comprehensive and fundamental research on global market economies with industry-wide intellectual capital, supported by local market knowledge and expertise. Specialists within our Advanced Research Center (ARC) focus on applying this research to specific client situations, utilizing modeling, portfolio construction and problem solving techniques.



• Transaction and flow trend analyses from our securities trading operation enhance our clients' investment strategies.



• State Street has developed some of the industry's most widely accepted pre-trade risk management tools.

Our collaboration with industry thought leaders extends to partnerships with investment experts who can offer fresh perspectives on changing financial markets. We apply the value these affiliations bring across our complete array of research offerings.

At State Street, innovative investment research, fueled by considerable access to market information, delivers the perspective and fact-based insight our clients need to make the right investment decisions.