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CUSTODY NEWS
Dutch funds tap BNY Mellon for custody
Global Pensions | 15 Feb 2010 | 13:39
NETHERLANDS – Two Dutch pension funds – Stichting Bedrijfstakpensioenfonds voor de Suikerverwerkende Industrie and Stichting Bedrijfspensioenfonds voor de Suikerwerk- & Chocoladeverwerkende Industrie – have hired BNY Mellon Asset Servicing as custodian for a combined €1bn (US$1.37bn) in assets.
PPF launches search for global custodian
UK – The Pension Protection Fund has gone out to tender for a global custodian. The incumbent custodian is State Street.
Global Pensions | 23 Dec 2009
NETHERLANDS – Pensioenfonds Horeca & Catering (PH&C) has hired BNY Mellon as custodian for its €2.8bn (US$4.1bn) portfolio.
Global Pensions | 09 Dec 2009
Other news
- Italian funds drop custodian after acquisition led to conflicts of interest
- United Church of Christ hires Northern Trust as custodian
- Inalytics appoints ex-Credit Suisse TM head
- Morgan Stanley expands Asian TM operations
- RBS team joins transition management exodus
- Citi exits TM market as clients favour buy side (updated)
- Madoff case highlights 'fundamental' lack of transparency
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