State Street Appointed Custodian for $1 Billion Aruba Pension Fund

PRESS RELEASE / 06.12.12
Contact: Noreen Shah
Telephone +44 203 395 7073
nshah@statestreet.com
www.statestreet.com
State Street Appointed Custodian for $1 Billion Aruba Pension Fund
LONDON – 6 December, 2012 — State Street Corporation (NYSE: STT), announced today that it will provide
custody, fund accounting, risk analysis and performance and analytics to Stichting Algemeen Pensioen Fonds Aruba
(APFA), the Aruban pension fund designed for public sector workers with approximately $1 billion in assets under
management.
“State Street was selected because of its experience in servicing pension funds in a fiduciary management structure.
As a former Netherlands Antilles island, it is likely that we will adopt the Dutch regulatory framework for pension
funds so it’s in our best interests, as well as our clients, to work with a Dutch client service team who understands
our challenges,” said Mark Bakker, CIO Board Member and of APFA.
Roel van de Wiel, business development executive for State Street’s Global Services business in the Netherlands,
Belgium and the Nordic region added, “In a recent research study we undertook, we found pension funds in the
Netherlands rated risk management, regulation and compliance, and market volatility among the most important
challenges they face. With the likelihood of Aruban pension funds moving towards the Dutch pension fund
framework we expect these will be key challenges for them as well.”
“We are well positioned to support these challenges by leveraging our global knowledge as well as local market
capabilities,” continued van de Wiel.
About Stichting Algemeen Pensioen Fonds Aruba (APFA)
APFA was launched in 2005 as a pension fund for public sector workers. The vision of the pension fund is to
contribute to the prosperity of the labour force of Aruba to offer affordable financial assurance to the participants of
the pension scheme after retirement.
About State Street
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

PRESS RELEASE / 06.12.12
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.
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