Oklahoma Teachers Pension Fund Scouting For Third Party Lenders

The Oklahoma Teachers' Retirement System is looking for new custodian and fresh securities lending agents, according to a report in Operations Management. An RFP will be issued shortly. Northern Trust has been the incumbent custodian since 1999. An Oklahoma official

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The Oklahoma Teachers’ Retirement System is looking for new custodian and fresh securities-lending agents, according to a report in Operations Management. An RFP will be issued shortly. Northern Trust has been the incumbent custodian since 1999. An Oklahoma official said he was looking to “unbundle” securities lending and custody and do some third party lending.

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