In Brief: State St. Gets Merrill Canada Contract Too

BOSTON — State Street Corp. said it will handle fund accounting and daily pricing for Merrill Lynch Investment Managers mutual funds in Canada.

The 41 funds have $4.7 billion of assets under management, State Street said last week. It already provides global custodial services for Merrill Lynch in the United States, Luxembourg, and Canada.

It has been handling fund accounting and daily pricing for Merrill’s U.S. retail mutual funds since Jan. 1. The domestic fund family includes 227 portfolios with $163 billion of assets.