State Street Global Advisors (SSgA), the investment management arm of .…
State Street Corporation (NYSE: STT), today announced that SPDR® ETFs were named the Most Recognized ETF Brand in the Americas for the second consecutive year at the 5th Annual Global ETF Awards Dinner held in New York on April 30th.
State Street also received top honors for the SPDR Barclays Capital High Yield Bond ETF which generated the largest percentage growth of any ETF in the Americas, and for the SPDR S&P 500 ETF (SPY) which was named Most Liquid ETF (based on daily USD turnover. SPDRs.com won Most Informative ETF Website in the Americas.
The firm’s recently redesigned website which features ETF product information, online tools, educational resources, and timely research also links to SPDR University, an online educational center launched in 2008. Developed for financial advisors, registered investment advisors and wealth managers, SPDR University provides users with proprietary thought leadership and educational materials on exchange traded funds, the markets, portfolio strategies and practice management.
“It is an honor to be recognized by our peers for our leadership in the industry,” said Jim Ross, senior managing director at State Street Global Advisors. “State Street takes great pride in developing innovative SPDR ETFs and supporting a rapidly growing client base.”
Anthony Rochte, senior managing director at State Street Global Advisors added: “This recognition follows a year in which net inflows into our family of SPDR ETFs reached a record high of $70.1 billion amid unprecedented market volatility in 2008.”
The Global ETF Awards® were created in 2005 and are hosted by exchangetradedfunds.com. Based on votes cast by ETF industry participants worldwide, the purpose of the awards is to recognize those who have contributed to the development of the industry.
State Street Global Advisors is one of the largest ETF providers in the United States and globally. US assets under management for SPDR ETFs totaled more than $129.5 billion as of March 31, 2009.
Source:ETFWorld.com – State Street Global Advisors (SSgA)
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