BOSTON, September 29, 2015 - State Street Global Exchange today released the results of the State Street Investor Confidence Index® (ICI) for September 2015.

The Global ICI rose to 116.6, up 7.2 points from August's revised reading of 109.4. The improvement in sentiment was driven by an increase in the North American ICI from 120.6 to 133.2. Confidence among Asian investors rose by 5.4 points to 97.8, while in Europe the ICI also increased to 95.7, up 2.2 points.

The Investor Confidence Index was developed by Kenneth Froot and Paul O'Connell at State Street Associates, State Street Global Exchange's research and advisory services business. It measures investor confidence or risk appetite quantitatively by analyzing the actual buying and selling patterns of institutional investors. The index assigns a precise meaning to changes in investor risk appetite: the greater the percentage allocation to equities, the higher risk appetite or confidence. A reading of 100 is neutral; it is the level at which investors are neither increasing nor decreasing their long-term allocations to risky assets. The index differs from survey-based measures in that it is based on the actual trades, as opposed to opinions, of institutional investors.

'In September, all eyes were focused on whether the Fed would lift rates or not,' commented Ken Froot. 'In the current environment of elevated tail risk, indications that the Fed is embarking upon a more shallow rate hiking cycle should help both alleviate market volatility and stabilize global growth outlook, and this has been reflected in sentiment more broadly this month.'

'Emerging markets are grappling with a range of headwinds constraining their growth,' added Jessica Donohue, executive vice president and chief innovation officer, State Street Global Exchange. 'A delayed rate hike extends the loose monetary policy environment, easing concerns over EM.'

About the State Street Investor Confidence Index®

The index is released globally at 10 a.m. Eastern time in Boston on the last Tuesday of each month. More information on the State Street Investor Confidence Index is available at http://www.statestreet.com/ideas/investor-confidence-index.html.

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 $28.7 trillion in assets under custody and administration and $2.4 trillion* in assets under management as of June 30, 2015, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State Street's web site at www.statestreet.com.

* This AUM includes assets (approximately $26.7 billion as of June 30, 2015), for which State Street Global Markets, LLC, an affiliate of SSgA, serves as the distribution agent.

The views expressed in this material are the views of State Street through the period ended September 29, 2015 and are subject to change based on market and other conditions.

This news announcement contains forward-looking statements as defined by United States securities laws, including statements about the financial outlook and business environment. Those statements are based on current expectations and involve a number of risks and uncertainties, including those set forth in State Street's 2013 annual report and subsequent SEC filings. State Street encourages investors to read the corporation's annual report, particularly the section on factors that may affect financial results, and its subsequent SEC filings for additional information with respect to any forward-looking statements and prior to making any investment decision. The forward-looking statements contained in this press release speak only as of the date hereof, September 29, 2015 and the company will not undertake efforts to revise those forward-looking statements to reflect events after this date.

CORP-1617

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