PPF extends relationship with State Street

clock

The Pension Protection Fund has reappointed State Street to provide a range of global custody and administration services and also hired it to provide securities lending services for the first time.

The lifeboat fund originally hired State Street in 2005 to provide global custody and administration services before extending the relationship to include risk analytics, as well as independent val...

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 Custody

Why UK schemes should consider shifting to specialist custodians

Pat Sharman believes traditional custodians are not serving UK pension funds well and argues it could be time to shift towards the Dutch approach.

Pat Sharman
clock 11 March 2016 • 3 min read

Cambridge and Northamptonshire appoint custodian through LGPS framework

Cambridge and Northamptonshire local government pension schemes (LGPS) have appointed Northern Trust to act as custodian of their £4bn of assets.

clock 08 July 2014 •

Teesside awards custody mandate to BNP Paribas

Middlesbrough Council has appointed BNP Paribas to act as custodian for the £2.5bn Teesside Pension Fund.

clock 25 October 2012 •
Trustpilot