Mandate Wins For HSBC

HSBC Securities Services has won a 2.35 billion mandate from the West Yorkshire Pension Fund, and a $652 million mandate from Castle Creek Arbitrage
By None

HSBC Securities Services has won a 2.35 billion mandate from the West Yorkshire Pension Fund, and a $652 million mandate from Castle Creek Arbitrage.

Following a formal tender process completed in November 2009, HSBC secured an agreement with the West Yorkshire Pension Fund to continue to provide Global Custody services.

Pat Sharman, Head of Relationship Management Pensions within HSS Fund Services business said: We are delighted to be have been re-selected by West Yorkshire. They are a highly valued customer of HSS and with whom we enjoy a successful and long standing relationship.

HSBC has also been named administrator and transfer agent for CastleCreek Arbitrage. Additionally HSBC will provide assistance with US tax reporting as well as year end financial reporting for the Castle Creek Funds.

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