In 1970, State Street opened its first international office, in Munich. Today, with $21.8 trillion in assets under custody and administration and $1.9 trillion* in assets under management as of December 31, 2011, State Street operates in 29 countries and serves customers in more than 100 geographic markets worldwide.
*This AUM includes assets of SPDR Gold Trust (approximately $63 billion as of December 31, 2011), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors serves as the marketing agent.