AP1 picks J.P. Morgan for global custody role

clock

SWEDEN Pension fund provider Första AP-fonden (AP1) has appointed J.P. Morgan Worldwide Securities Services as sole provider of global custody services.

The appointment includes responsibility for CLS, compliance monitoring, trade matching and fund accounting, the firm said. AP1 is one of Sweden's largest pension managers and invests in equities...

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 Sweden

AP1 delivers 1.4% in first half

SWEDEN - Första AP-fonden (AP1) returned SEK 3bn ($463bn) after expenses in the first half of 2011, representing a return of 1.4%.

clock 05 September 2011 •

One-third of Nordic investors to increase hedge fund exposures

NORDICS - Nordic investors are continuing to show optimism in hedge funds with nearly a third planning to increase their exposure this year to strategies like global macro, event driven and long/short funds, a new report shows.

clock 15 August 2011 •

AP4 hunts for global equity managers

SWEDEN - Swedish pension buffer fund AP4 is looking for up to three passive global equity managers.

clock 06 July 2011 •
Trustpilot