Northern Trust says AMF Pension, one of Sweden’s largest pension insurance companies, has chosen the bank as its global custodian. Northern Trust will provide global custody services to AMF Pension’s US$ 9 billion in global securities, as well as securities lending services.
“We are very pleased to have been selected to provide global custody services to AMF Pension,” says Anne Lise Winge, Vice President, Corporate and Institutional Services at Northern Trust. “We believe we have been awarded this business because of our culture and working philosophy, which AMF Pension feels is a good match with theirs. Our advanced technology, our products and services and greater securities lending opportunities are in line with their current needs. Northern Trust looks forward to providing a comprehensive suite of products and services, as well as building a truly successful and long lasting partnership.”