PIMCO Selects State Street, IFDS to Provide Investment Services for Canadian Funds
PIMCO, the California-based fixed-income specialist with approximately $1.3 trillion under management, has appointed State Street and the International Financial Data Services (IFDS) Canada to provide various investment services for the firm's eight new Canadian retail funds.
State Street will handle fund accounting, fund administration, custody and trustee services, while IFDS will control record-keeping services.
"Our retail funds leverage current institutional mandates and provide Canadian
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