State Street Corporation (NYSE: STT) announced today that it has been appointed by the International Forum of Sovereign Wealth Funds (IFSWF) as one its two official research partners.

Established in 2009, the IFSWF is a global network of sovereign wealth funds which exchange views on issues of common interest and facilitate an understanding of sovereign wealth funds' activities and the Santiago Principles.

The Forum has formalized a limited number of partnerships with world leading financial and academic partners. Through this process State Street has been selected as one of the official research partners and will be working with the IFSWF and their members on research topics relevant to long term investors, such as asset allocation and investing in private markets.

State Street Associates (SSA), State Street Global Exchange’s research and advisory services business, will be the focal point in State Street’s partnership with the IFSWF. It has been assigned to two specific research projects on which it will collaborate with a working group of Sovereign Wealth Funds (SWFs).

Rod Ringrow, senior managing director and head of Central Bank and Sovereign Wealth Fund Sector for State Street in EMEA, said, “State Street has worked with IFSWF since its inception and we look forward to building on our relationship in our capacity as one of its two research partners.”

Will Kinlaw, senior vice president and global head of State Street Associates said, “The membership of the IFSWF includes some of the largest and most sophisticated investors in the world. As its research partner, State Street will draw on research, data, and analytics resources from across the firm that relate to long-horizon investing, asset allocation, and private market investments.”

Adrian Orr, Chair of the IFSWF, said, “The Forum has worked closely with State Street for more than seven years, and when it came to establishing research partners we were keen to include them. We look forward to continuing our successful partnership.”

The first project will focus on investment and asset allocation strategies for the long term, and a second project will examine SWFs experiences investing in private versus public markets. The deliverable will be a white paper, co-authored by State Street and the group of SWFs, for each of the two topics. The papers will be presented to the broader membership at the 2016 annual meeting in Auckland New Zealand in November.

About State Street Corporation

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 $27 trillion in assets under custody and administration and $2 trillion* in assets under management as of March 31, 2016, 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 website at www.statestreet.com.

* Assets under management include approximately $32.6 billion as of March 31, 2016, for which State Street Global Markets, LLC, an affiliate of SSGA, serves as the marketing agent.

About IFSWF

The International Forum of Sovereign Wealth Funds (IFSWF) is a global network of sovereign wealth funds (SWFs) established in 2009 to enhance collaboration, promote a deeper understanding of SWF activity and raise the industry standard for best practice and governance.

Central to the IFSWF are the Santiago Principles, which all members voluntarily endorse, bringing to bear transparency, accountability and prudent investment practices.

For IFSWF:Edward BerryFTI Consulting+44 (0)20 3727 1046 T | +44 (0)7703 330 199 MEdward.Berry@fticonsulting.com

State Street Corporation One Lincoln Street, Boston, MA 02111-2900.

© 2016 State Street Corporation - All Rights ReservedCORP-1987

Exp. Date - 05/31/2017

State Street CorporationNoreen Shah, +44 2033957073NShah@statestreet.com@StateStreet

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