STATE STREET RESEARCH LAUNCHES INSTITUTIONAL WEB SITE
BOSTON, MA, October 9, 2000- State Street Research & Management Company
recently launched a new website specifically for the Institutional
marketplace. The newly developed site is dedicated to providing existing
clients, prospects and consultants with immediate access to a wide array of
investment information.
The site, located at www.ssrinstitutional.com, allows individuals to access
educational information on State Street Research's Institutional products,
services and capabilities, as well as performance highlights and market
commentary in the firm's areas of expertise - equities, fixed income and
international markets. In addition, white papers, portfolio manager updates
and bios, and news about State Street Research are available with the click
of a mouse.
"We are very pleased to be able to offer institutional investors timely,
up-to-date market and portfolio performance information; it's absolutely
critical to the decision making process," said Chris Abbott, Executive Vice
President, Head of Institutional Marketing and Client Services. "Today's
"tech-savvy" institutional investors rely on the ability to access
information quickly."
To celebrate the launch of the site, State Street Research is holding a
sweepstakes. The first 100 people to complete and electronically submit the
sweepstakes form on the site will win a t-shirt. State Street Research will
also place all entrants into a drawing, and will give away 5 portable CD
players. Please log onto the site for the official rules and regulations.
The next stages of site development will allow clients to access account
data including daily holdings and balances. Additionally, the specific
needs of consultants will be addressed through a password-protected extranet
site.
State Street Research & Management Company, with a history dating back to
1924, is one of the nation's first investment management organizations. The
Boston-based firm is a subsidiary of Metropolitan Life Insurance Company,
one of the world's largest financial services companies. As of August 31,
2000, State Street Research managed $56 billion in assets, of which $35
billion represented institutional client assets. The firm manages money for
10 of the 12 largest U.S. corporate pension plans, public employee pension
plans, foundations and endowments, sub-advisory and insurance clients, union
plans and mutual funds for over 530,000 shareholder accounts, as well as
individually managed accounts for affluent investors. The firm's Web site
address is www.ssrfunds.com.
