HONG KONG--(Marketwire - Nov 28, 2012) -  [ State Street Corporation ] (NYSE: [ STT ]) is pleased to announce today the winners of the inaugural State Street Institutional Press Awards, Asia Pacific, in recognition of outstanding performance in institutional financial services reporting across the region. Approximately 60 of the region's publications, including those from Hong Kong, mainland China, Australia and Singapore, participated in the awards, with more than 90 submissions.

Entries were judged by an independent panel of industry professionals including Angela MacKay, managing director, Asia Pacific, Financial Times; Professor Anthony Fung, director, School of Journalism and Communication, The Chinese University of Hong Kong; Paul Smith, managing director of Asia-Pacific Operations, The CFA Institute; Sally Wong, CEO, Hong Kong Investment Funds Association; and Tom Leander, editor-in-chief, Lloyd's List.

The 2012 winners and highly commended for six categories are as follows:

Journalist of the Year - Pensions Issues
Jame DiBiasio
Editor, AsianInvestor

Highly Commended
Bee-Lin Ang
Contributing Editor, Investment & Pensions Asia

Fang Lan
Reporter, Caixin Century Weekly

Journalist of the Year - Investment
Alvina Yuen
Staff Writer, Asian Venture Capital Journal

Highly Commended
Tim Burroughs
Managing Editor, Asian Venture Capital Journal

Yuzhe Zhang
Senior Reporter, Caixin Century Weekly

Journalist of the Year - Investor Services & Technology - joint winners
Enoch Yiu
Chief Reporter, South China Morning Post
Tim Burroughs
Managing Editor, Asian Venture Capital Journal

Highly commended
Bayani Cruz
Executive Editor, The Asset

Award for Best Newcomer
Lulu Chen
Business Reporter, South China Morning Post

Highly commended
Justin Lee
Staff Writer, Asia Risk

Ray Chan
Reporter, EJ Insight

Award for Best Editorial Comment
Rupert Walker
Associate Director, FinanceAsia

Highly commended
Daniel Flatt
Editor, The Corporate Treasurer

Rita Raagas De Ramos
Managing Editor, Ignites Asia

Award for Outstanding Contribution to Institutional Journalism
Jame DiBiasio
Editor, AsianInvestor

The journalists were honoured at a luncheon in Hong Kong hosted by Wai Kwong Seck, executive vice president and head of Asia Pacific, State Street Global Services and Global Markets. "We are extremely proud of the success of these inaugural awards and would like to congratulate all of the finalists and winners for their high-quality original work. We believe institutional media play an important role in covering and analysing the latest changes in the financial community and providing precise, accurate and timely reporting to the public, especially in the fast-growing markets of Asia Pacific."

Lead judge Angela MacKay, managing director, Asia Pacific, Financial Times, commented, "We were pleased with the high level of enthusiasm and participation in the Press Awards, considering that this is the first time they have been held in Asia, and impressed with the quality of a number of the submissions. Initiatives such as these can only help to raise the quality of institutional reporting and journalism in the region, and draw more talent into the industry."

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About State Street Corporation
State Street Corporation (NYSE: [ STT ]) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $23.4 trillion in assets under custody and administration and $2.1 trillion in assets under management* at September 30, 2012, State Street operates in 29 countries and more than 100 geographic markets. For more information, visit State Street's web site at [ www.statestreet.com ].

*This AUM includes the assets of the SPDR Gold Trust (approx. $75.3 billion as of September 30, 2012), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors, serves as the marketing agent.