Nuveen Investments has selected State Street Corp. to provide custody and fund accounting and Boston Financial Data Services, a jointly owned subsidiary of State Street and DST Systems, to provide transfer agency and shareholder services for Nuveen's family of 130 funds.

Steve Foy, a vice president with Nuveen, said his company selected State Street because of its ability to support both closed-end exchange traded funds and traditional mutual funds.

"We are extremely pleased to have been selected by Nuveen," said Jay Hooley, executive vice president of State Street. "Nuveen's complex administration requirements were an ideal match with our full-service capabilities [for] a one-stop solution."

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.