With £7.7 trillion* in assets under custody and £1.0 trillion* in assets under management, State Street (NYSE:STT) is focused on providing everything institutional investors need to invest successfully and thereby serve their own customers well. We understand that true success comes not from a single isolated decision but from the accumulated results of many sound, strategic decisions that are executed extremely well over time. We have integrated solutions that cover the entire investment cycle, from research and analytics to multi-asset class trade execution and complex fund accounting and administration solutions. Our focus on this business, our strong capabilities, our local presence in global markets and our highly innovative ideas make us a unique financial services company.
State Street has been providing exceptional service to the United Kingdom's investment community since we first opened our doors in London in 1972. Initially established to meet the needs of local investors and London-based affiliates of US companies, we have expanded our operations to deliver a full range of customised, client-focused solutions for sophisticated investors across Europe, the Middle East and South Africa. Access to all of our services is available through our offices in Edinburgh on Lothian Road and Ferry Road. State Street has additional UK offices in London, Basingstoke, Jersey and Guernsey.
Our comprehensive array of products and services — covering all phases of the investment process — enable us to provide fact-based investment research and in-depth analyses of the world financial markets; a wide range of performance-oriented investment management strategies; innovative electronic trading services across multiple asset classes; and highly reliable and integrated investment servicing solutions.
Today, our clients represent some of the UK and Europe's leading investment companies, including pension funds, supranational organisations, large corporations, insurance companies, banks and investment managers. Our team of more than 2,000 dedicated and talented UK-based professionals, working from three locations in London, and offices in Basingstoke, Edinburgh and Guernsey, is well positioned to help investors succeed in an increasingly competitive marketplace. And because we specialise in serving the unique needs of sophisticated investors, everything we develop is created with their needs in mind.
After three decades, we continue to be a leader in the UK and Europe by combining a client-focused approach with in-depth financial expertise and leading-edge technology. We have the local knowledge and global perspective to partner with clients to develop integrated, innovative solutions that help them capitalise on change and stay ahead of the competition — no matter where they choose to invest or how complex their needs.
WM Performance Services, a State Street business based in Edinburgh, provides exclusive and unique information to support improved investment decisions by institutional investors. WM's innovative range of performance and risk products and services brings transparency to the whole investment process and allows the owners or managers of invested assets to measure, evaluate and interpret objectively their investment performance. WM is one of the world's leading investment performance evaluation businesses and measures over 5,000 investment portfolios based in the key global investment centres.
*Figures as at 30 June 2008