State Street Corp. announced today that Assante Asset Management Ltd., a subsidiary of Assante Corp., has selected State Street to provide a bundled suite of investor services, including global and domestic custody, accounting and fund administration for 14 of Assante’s Optima Strategy mutual funds.

This new business expands on an existing relationship with Assante. Since 1997, State Street has acted as accounting agent and custodian for Assante’s Artisan Funds and four of their Optima Strategy Funds. In addition, State Street has been providing custody, accounting and fund administration services to Assante’s SA Funds in the United States since 1999.

“State Street is a proven provider of superior investor services and has considerable expertise in supporting fund managers two factors that were crucial for us during the review process,” said Martin Weinberg, president and CEO of Assante Corp., in a news release.

“We are delighted to be expanding our relationship with Assante,” said David Toyne, managing director of State Street Trust Company Canada. “Responding to our clients’ complex needs has been key to our success, and we look forward to working with Assante as they continue to expand their business.”