State Street Reappointed by Hartford Investments Canada Corp.
December 17 2008 - 10:48AM
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.
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