JPMorgan Worldwide Securities Services announced that it has been appointed to provide custody, fund accounting and associated services for Pension Insurance Corporation (PIC).
Tracy Blackwell, investment partner at PIC said, “After an extensive search of custodians, we decided that JPMorgan’s leading product and service offering, coupled with their fully integrated approach to supporting our developing needs made them a perfect partner for us.”
Benjie Fraser, head of sales and relationship management for UK pensions and charities at JPMorgan Worldwide Securities Services, said, “We are delighted to have the opportunity to work with such an exciting and innovative company as PIC. This appointment demonstrates our high quality of services and strong commitment to working in partnership with PIC as their business grows. A key reason for PIC selecting JPMorgan was the resources we can contribute to the transaction.”