LGPI hangs on to Deutsche legacy with STT appointment

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FINLAND - State Street Corporation (STT) has been appointed custodian and fund administrator by Finland's e12bn Local Government Pensions Institution (LGPI).

The current provider, Deutsche Bank agreed to the sale of its global securities service (GSS) to State Street in November last year. Commenting on the decision, Ari Huotari, chief investment off...

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