STT: State Street Corporation Message Board

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Non-Tech : STT: State Street Corporation

STT 114.92

-0.2%

10:16 AM EDT

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From: JakeStraw	4/19/2010 2:57:48 PM
	of 3

The Virtues of Slow and Sturdy online.barrons.com Bank of New York Mellon and State Street have dominant franchises with better-than-average growth prospects. State Street is the No. 2 custodian, and its State Street Global Advisors is a leading investment manager, with $1.9 trillion in assets, including a strong position in exchange-traded funds. These custody businesses may not be exciting, but they benefit from oligopolistic market structures and prohibitive barriers to entry.

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