Rabobank fund appoints BNY Mellon for custody role

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NETHERLANDS - BNY Mellon Asset Servicing has been appointed by Stichting Rabobank Pensioenfonds (Rabobank Pension Fund) in the Netherlands to provide custody and other services for its $16.4bn of assets.

BNY Mellon said it was selected because it offered the pension fund a robust offering while ensuring that potential operational risks and any administrative burden was reduced to a minimum. BNY...

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