State Street Corporation is ICFA Magazine's European Mutual Fund Administrator of the Year for 2005. The magazine handed out at the award at its 2005 European Custody and Fund Administration Awards.

The London-based International Custody & Fund Administration Magazine based the award on the judgment of a panel including Donald Aiken, chairman of the Institutional Money Market Funds Association, Jason Conway, editor of ICFA magazine, Geof Pearson, pensions manager with the Sainsbury Pension Scheme and Rudolf Siebel, managing director and head of the German Investment Management Association.

State Street operates multinational investor servicing operation spanning 10 European countries.

"As a pioneer in offering innovative solutions to support new market trends, such as pension pooling, and as the world's leading collective fund accountant, this award highlights our ability to deliver for our clients and provide them with value-added, scalable and cost-effective solutions," said Tim Caverly, executive vice president of State Street and head of investor services for continental Europe. 

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