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Assante Asset Management of Canada Hires State Street to Run Optima Funds

Assante Asset Management of Toronto has hired State Street Corp. to provide a broad array of investor services including custody, accounting and fund administration for Assante's family of 14 Optima Strategy funds, with $2.6 billion in assets under management.

State Street has provided custody and accounting services for Assante's Artisan fund family and four Optima funds for the past five years.