State Street and Nedcor win GEPF custody brief

clock

SOUTH AFRICA - The R230bn ($23bn) Government Employees Pension Fund (GEPF) has appointed Nedbank, a subsidiary of Nedcor, and State Street Bank and Trust Company as its custodians.

State Street and Nedbank will provide investment accounting, compliance monitoring and performance measurement services to the GEPF out of their alliance offices in Johannesburg. Rob Wassenaar, ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Africa

Africa tipped to lead frontier market growth

GLOBAL - Africa and Russia represent some of the best investment opportunities for funds considering emerging and frontier markets, Danish pension funds heard.

clock 20 May 2011 •

MENA region oversold - Mobius

MENA - Mark Mobius is "cautiously" looking to buy oversold quality companies in the Middle East and North Africa, despite increasing volatility in the region.

clock 15 March 2011 •

MENA region still attractive despite unrest

MENA - The Middle East and North Africa (MENA) still offer investors attractive opportunities despite the current political turmoil, ING Investment Management believes.

clock 04 March 2011 •
Trustpilot