State Street wins Russell mandate
State Street has been awarded the custody and fund administration contract for a new Irish-domiciled common contractual fund offered by Russell Investments.
State Street will also provide accounting and transfer agency services to the fund, which will be available to institutional investors.
“State Street's proven ability to administer the complexity related to the transparent nature of the product positions us well to develop this product into new markets," said Jim Fin, general counsel for EMEA at Russell Investments.