State Street will provide custody, investment accounting, financial reporting, transfer agency and record keeping for Manulife Asset Management’s 26 pooled funds as well as its two new real estate funds, Manulife Canadian real estate investment fund and Manulife Canadian property portfolio.

With CAD$211bn in assets under management, Manulife Asset Management and its affiliates provide asset management solutions for institutional investors and investment funds in key markets globally.

State Street provides an array of services to Canada’s institutional investors, with over 1,200 employees in Toronto, Montreal and Vancouver.