BOSTON & TORONTO--(BUSINESS WIRE)--
State Street Corporation (NYSE: STT), the world's leading provider of
financial services to institutional investors, announced today that it
has been reappointed by Hartford Investments Canada Corp. to provide
investment services for CA$1 billion in mutual fund assets.
State Street will continue to provide Hartford Investments with custody,
accounting, financial reporting, valuation, compliance, performance
measurement and analytics and trustee services.
"We have enjoyed an excellent working relationship with State Street,"
said Laurie Davis, president of Hartford Investments. "With the
expertise and efficiency of the State Street team, continuing our
partnership was the optimal choice." State Street has provided a range
of investment services to Hartford Investments since 2003.
"We highly value our partnership with Hartford Investments, and
appreciate their continued confidence in us," said Stephen Smit,
president of State Street Trust Company Canada. "Just as Hartford
Investments seeks to be a strong partner and offer exceptional funds to
their customers, we are similarly focused on being a strong partner,
offering exceptional support as they grow their business in Canada."
State Street has provided solutions to Canada's financial services
community since establishing a presence in Toronto in 1990. State Street
further strengthened its Canadian presence with the acquisition last
year of Investors Financial Services Corp., and now has more than 1,300
employees in Toronto, Montreal and Vancouver.
About State Street
State Street Corporation (NYSE: STT) is the world's leading provider in
financial services to institutional investors, including investment
servicing, investment management and investment research and trading.
With $14 trillion in assets under custody and $1.7 trillion in assets
under management at September 30, 2008, State Street operates in 26
countries and more than 100 geographic markets worldwide. For more
information, visit State Street's web site at www.statestreet.com.
Source: State Street Corporation
Contact: State Street Corporation
Marie McGehee, 617-664-1898