North East Scotland LGPS grants HSBC custody mandate

James Phillips
clock • 1 min read

The £4.2bn North East Scotland Pension Fund (NESPF) has appointed HSBC Securities Services as its custodian, replacing BNP Paribas.

The fund, which is part of the Local Government Pension Scheme, has 64,000 members, and HSBC will also provide investment accounting, investment reporting and performance services, securities lendi...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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