Assante Asset Management of Toronto has hired State Street Corp. to provide a broad array of investor services including custody, accounting and fund administration for Assante’s family of 14 Optima Strategy funds, with $2.6 billion in assets under management.

State Street has provided custody and accounting services for Assante’s Artisan fund family and four Optima funds for the past five years.

"State Street is a proven provider of superior investor services [with an] excellent reputation, working with some of the most complex and progressive fund companies" around the world, said Martin Weinberg, president and CEO of Assante.

"We are delighted to be expanding our relationship with Assante," said David Toyne, managing director of State Street in Canada, where the firm manages a total of $32 billion in assets.




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