REST awards contract to State Street
State Street Corp. said it will provide financial services to REST Industry Super, an Australian super fund with more than 1.9 million members.
Boston-based State Street provides financial services to institutional investors.
The company said that its State Street Australia Limited division will provide REST with a range of superannuation services including custody, fund accounting, and complex tax services.
REST is Australia’s largest super fund by membership, a State Street press release noted. In Australian dollars, it has more than $18 billion in funds under management.