Strathclyde appoints Northern Trust for custody, cash, forex & securities services

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Strathclyde Pension Fund has appointed Northern Trust for the fourth consecutive term to hands its securities lending, global custody, cash management and foreign exchange investments.

The £13.7bn Local Government Pension Scheme (LGPS) has also secured investment risk and performance services from the manager. Strathclyde head of pensions Richard McIndoe said: "Northern Trust ...

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