Sun Life plumps for State Street

The UK operation of Canada-headquartered Sun Life Financial has appointed State Street Corporation to provide it with a range of investment administration services for more than $15 billion in assets. State Street will provide Sun Life (UK) with fund accounting and unit pricing, regulatory reporting, global custody, compliance monitoring, performance measurement, deriv-atives pricing and processing, and collateral management services. Boston-based State Street, with more than $15 trillion un