State Street to service $22-billion in assets for Mawer

State Street has been appointed by Mawer Investment Management to be the exclusive provider of custody, fund accounting and administration services for their portfolio of pooled and mutual funds worth $22 billion in assets under management.

By: Staff
July 29, 2015 September 13, 2019
11:38

State Street to service $22-billion in assets for Mawer

State Street has been appointed by Mawer Investment Management to be the exclusive provider of custody, fund accounting and administration services for its portfolio of pooled and mutual funds worth $22 billion in assets under management.

“After an extensive review of global service providers, State Street emerged as the best partner for Mawer moving forward,” says Michael Mezei, president of Mawer Investment Management.

“We are very pleased to be selected by Mawer Investment Management,” adds Rob Baillie, head of State Street Canada.

Also read:

Survey finds 95% of U.S. public pension funds employ investment consultants

More than 95 per cent of U.S. public pension funds employ at least one investment consultant, according to a new survey by Coalition Greenwich. The...

By: Staff
April 26, 2024 April 26, 2024
15:45

WISE Trust returns 7.9% in 2023, net assets increase to $4 billion

The Workplace Insurance and Safety Employees Trust generated a net return of 7.9 per cent in 2023, with net assets reaching $4 billion, up from...

By: Staff
April 23, 2024 April 23, 2024
15:00

Virtual-only meetings erode shareholder democracy: institutional investor group

A group of institutional investors is voicing concerns about the rise of virtual-only shareholder meetings they say risk eroding shareholder democracy. In an open letter...

By: The Canadian Press
April 19, 2024 April 19, 2024
11:30

Unifor applies to represent two Amazon fulfilment centres in Metro Vancouver

Unifor has filed two applications with the B.C. Labour Relations Board to represent Amazon.com Inc. workers in New Westminster and Delta, B.C. “Workers at Amazon are seeking...

By: The Canadian Press
April 17, 2024 April 17, 2024
15:00

Today's top stories

Younger employees expect a 10% raise if unable to work in a hybrid arrangement: survey

Generation Z and millennials say they’d expect a 10 per cent salary increase, on average, if they were unable to work in a hybrid working...

By: Staff
April 26, 2024 April 26, 2024
15:00

Chipotle expanding benefits offering to focus on career development, student debt

In anticipation of 25 per cent to 35 per cent growth in Canada by the end of 2024, restaurant chain Chipotle Mexican Grill Inc. is making...

By: Sadie Janes
April 26, 2024 April 26, 2024
09:00

Just a third of U.K pension plan members feel they’ve saved enough to retire: survey

Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022,...

By: Staff
April 26, 2024 April 25, 2024
09:00

Canadians’ happiness with work-life balance, employer support increases in April: survey

Canadians’ happiness in the workplace increased to 6.8 points out of 10 in April, up slightly from 6.6 in March, according to a new survey by...

By: Staff
April 25, 2024 April 24, 2024
15:00