JPMorgan Worldwide Securities Services has been awarded mandates for custody and related services by five UK mid-size pension funds.
The pension fund sponsors include ArvinMeritor UK, House of Fraser, Kingston Communications, Lend Lease UK and Pilot’s National Pension Fund. Pilot’s consolidated its assets under custody with JPMorgan.
“We welcome the opportunity to work with pension funds of all sizes, as part of our stated full-scale commitment to this industry,” says Benjie Fraser, head of UK pensions and charities for JPMorgan Worldwide Securities Services. “We are, therefore, delighted to be working with these pension funds to bring them the same level of service we offer to all of our clients.”