State Street Corporation · NYSE:STT
State Street — Goldman Sachs U.S. Financial Services Conference 2015
13 slides from State Street's conference presentation, Dec 8, 2015
Slide 1: State Street – A View From Europe
State Street – A View From Europe Goldman Sachs U.S. Financial Services Conference 2015 Jeff Conway Chief Executive Officer of State Street Europe, the Middle East and Africa (EMEA) Executive Vice President, State Street Corporation December 8, 2015 (STT: NYSE)
Slide 2: Forward-looking statements
Forward-looking statements This presentation contains forward-looking statements within the meaning of U.S. securities laws, including statements about our goals and expectations regarding our business, financial and capital condition, results of operations, investment portfolio performance and stra
Slide 3: State Street is well positioned for growth in Europe
State Street is well positioned for growth in Europe State Street State Street Europe – Long-term Key Europe Size and Scale Secular Trends Opportunities Strategic Plans Leadership Positions in Deep and Growing Integrated and Innovative Focused Growth Key Growth Areas Asset Pools Client Solutions Opp
Slide 4: EMEA is a key contributor to the global State Street franchise
EMEA is a key contributor to the global State Street franchise Europe, Middle Americas: East & Africa: Asia-Pacific: Global: Revenue: $5,945M Revenue: $3,472M Revenue: $878M Revenue: $10.3B AUA: $21.22T AUA: $5.63T AUA: $1.34T AUA: $28.2T AUM: $1,568B AUM: $559B AUM: $321B AUM: $2.45T Leadership and
Slide 5: State Street has a deep local presence in Europe
State Street has a deep local presence in Europe1 UAE (est. 1993) (not shown on map) UK (est. 1972) AUM: $170B AUC: $1,509B / AUM: $117B Headcount: 7 Netherlands (est. 2004) + Denmark (est. 2015) Highlights: Headcount: 2,350 AUC: $195B • Scale in Europe: 10,200+ Belgium (est. 1985) Headcount: 45 Ire
Slide 6: Growth strategy supported by long-term secular trends in Europe
Growth strategy supported by long-term secular trends in Europe Regulation & Retirement Globalization Complexity Savings • Cross-border investing • Multiple regulators • Euro area household net continues, with means high levels of savings ratio1 higher than Luxembourg and complexity and intensity th
Slide 7: Well positioned in key markets and executing on growth priorities
Well positioned in key markets and executing on growth priorities Total Managed Assets in Europe1 Market and Product Opportunities AUM 2015E ($T) CAGR 2015-18F • European market has $28.8T in total Ireland and managed assets growing at 7.2% CAGR 2 $5.8 (AUA) 8.7%2 to 20181 Luxembourg • Our onshore f
Slide 8: Strategically positioning to capture asset pools from DB-to-DC shift
Strategically positioning to capture asset pools from DB-to-DC shift Forecast Total UK Corporate DB and DC Pension Assets1 Key Highlights Key Asset Management Strategic Plans • 2023: UK DC AUM forecast to overtake DB AUM, • Product focus to capture scale assets within new driven in part by supportiv
Slide 9: Industry leader in ETF servicing
Industry leader in ETF servicing Top 10 European ETF Service Providers1 • European ETF market represented by ~30 principal ETF sponsors and valued State Street 67.3% at $489B1 • We see strong growth prospects: Société Générale 10.7% ‒ Shift to passive investments BBH 5.0% (e.g., lower-cost alternati
Slide 10: Well positioned to capture market share in alternative investment solutions
Well positioned to capture market share in alternative investment solutions Hedge Funds: • State Street global market leader with 23% Trends and Drivers AUA share1 in Alternatives: • Strong position in Ireland, which is a • Increased investor leading location for global hedge-fund allocation to alte
Slide 11: Leading market position in offshore to fuel our growth plans
Leading market position in offshore to fuel our growth plans • Offshore products (i.e., UCITS1) dominate the • State Street is a market leader in both Ireland and landscape – distributed in more than 70 countries Luxembourg, servicing $1.1T in offshore assets2 throughout Europe, Asia, Africa and Sou
Slide 12: Strategy to provide value-added solutions and services to grow with our clients
Strategy to provide value-added solutions and services to grow with our clients Average Number of Products Used Develop and Cross-Sell Integrated by State Street EMEA Clients1 and Impactful Client Solutions 17 • Doubling down on client engagement by executing on Sector Solutions 14 • Aligning capabi
Slide 13: Well positioned to continue growing in Europe
Well positioned to continue growing in Europe Capitalize on our size and scale in Europe, and optimize footprint Position for high-growth opportunities in Europe Closer and more strategic client engagement Focused and disciplined execution of our priorities 13
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