STATE STREET RESEARCH LAUNCHES INSTITUTIONAL WEB SITE
BOSTON, MA, October 9, 2000- State Street Research & Management Companyrecently launched a new website specifically for the Institutionalmarketplace. The newly developed site is dedicated to providing existingclients, prospects and consultants with immediate access to a wide array ofinvestment information.The site, located at www.ssrinstitutional.com, allows individuals to accesseducational information on State Street Research's Institutional products,services and capabilities, as well as performance highlights and marketcommentary in the firm's areas of expertise - equities, fixed income andinternational markets. In addition, white papers, portfolio manager updatesand bios, and news about State Street Research are available with the clickof a mouse.
"We are very pleased to be able to offer institutional investors timely,up-to-date market and portfolio performance information; it's absolutelycritical to the decision making process," said Chris Abbott, Executive VicePresident, Head of Institutional Marketing and Client Services. "Today's"tech-savvy" institutional investors rely on the ability to accessinformation quickly."
To celebrate the launch of the site, State Street Research is holding asweepstakes. The first 100 people to complete and electronically submit thesweepstakes form on the site will win a t-shirt. State Street Research willalso place all entrants into a drawing, and will give away 5 portable CDplayers. Please log onto the site for the official rules and regulations.The next stages of site development will allow clients to access accountdata including daily holdings and balances. Additionally, the specificneeds of consultants will be addressed through a password-protected extranetsite.
State Street Research & Management Company, with a history dating back to1924, is one of the nation's first investment management organizations. TheBoston-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 $35billion represented institutional client assets. The firm manages money for10 of the 12 largest U.S. corporate pension plans, public employee pensionplans, foundations and endowments, sub-advisory and insurance clients, unionplans and mutual funds for over 530,000 shareholder accounts, as well asindividually managed accounts for affluent investors. The firm's Web siteaddress is www.ssrfunds.com.
