As of December 31, 2017, State Street had total assets under custody of ~$25.0 trillion, of which mutual funds contributed ~$7.0 trillion and pension products contributed $5.6 trillion. By comparison, collective funds (which includes exchange-traded funds) and insurance and other products contributed ~$8.1 trillion and $4.3 trillion, respectively.
Over the past 12 months (LTM), State Street’s net income margin stood at ~70.3%. By comparison, peers (XLF) Invesco Limited (IVZ), SEI Investments (SEIC), and PNC Financial Services (PNC) saw net income margins of ~19.0%, ~24.9%, and ~46.4%, respectively.
View more information: https://marketrealist.com/2018/01/behind-state-streets-assets-under-custody-and-administration-in-4q17/