State Street and IFDS Canada are to provide a range of investor services to Canadian asset manager Caldwell Investment Management.

The two firms will provide custody, fund accounting, fund administration, registered trustee services, foreign exchange, transfer agency and unit-holder recordkeeping services.

“As Caldwell Investment Management expands its business outside of North America, we looked for a truly global and scalable service offering that would allow us to focus on our core business objectives,” said Brendan Caldwell, president of Caldwell Investment Management.

“The global reach, strong customer service and advanced technology that State Street and IFDS offered were key differentiators in our decision-making process.”