Derbyshire pension fund appoints global custodian

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UK - Derbyshire County Council has appointed ABN AMRO Mellon as the sole global custodian for its £1.45bn pension fund, comprising four separate portfolios.

ABN AMRO has managed the custody of the fund’s US portfolio since 2001. UBS Asset Management previously managed the council’s European equity portfolio, with the remaining UK equities and European ...

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