Tag: Pension fund
NPS extended its back-office mandate for their global equities portfolio with State Street to also include the middle-office.
The Danish pension fund giant put out an RFP to custodians in late 2018 with its current contract due to expire later this year.
Citco Institutional Services will provide new range of services aims to relieve legislative and regulatory pressures on institutional investors.
LEI and UTI information will be required ahead of the SFTR deadline for large funds, according to an industry expert.
State Street has made a series of enhancements in support of asset owners, as it prepares to onboard buy-side clients to its front-to-back model.
The acquisition of the assets marks the continued expansion of Broadridge’s Matrix Financial Solutions for the US pension industry.
Custodians could play a large role in the ESG space as they look to take up the role of a big data aggregator in order to inform clients of relevant ESG developments.
The completion of the onboarding process comes just three months after NPS agreed to the deal with BNY Mellon.
The pension fund will act as a pilot fund for State Street and is the first to migrate its FX settlement to CLS in Japan.