Swiss & Global Asset Management has renewed its mandate with State Street in which the custodian bank will continue to provide investment servicing solutions for its $70 billion of assets under management.
In an expansion of their existing relationship, State Street will service the majority of Swiss & Global’s investment funds domiciled in Luxembourg and Switzerland. This includes the “Julius Baer” public mutual fund.
State Street will also provide custody, fund accounting and administration, asset pooling, securities lending, foreign exchange, and transfer agency services.
“The ability to understand what’s driving investment performance, and report on it more comprehensively than ever before, is also critical at a time when investors and regulators are highlighting risk and transparency,” says Peter O’Neil, head of EMEA, State Street.
“Partnering with companies like State Street to manage functions like custody, accounting, asset pooling and analytics helps asset managers to focus more of their resources on growing their business.”
State Street Continues Custody Mandate For Swiss & Global Asset Management
Swiss & Global Asset Management has renewed its mandate with State Street in which the custodian bank will continue to provide investment servicing solutions for its $70 billion of assets under management.