Asset servicing

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  1. Nevada System of Higher Education searching for service providers for DC plans

    Nevada System of Higher Education, Reno, is searching for up to three firms to provide record-keeping, administration and trustee/custodial services for three 403(b) plans and one 401(a) plan, confirmed Melanie Lever, buyer.

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  1. Connecticut Retirement Plans opts for BNY Mellon as global custodian

    Connecticut Retirement Plans & Trust Funds, Hartford, hired BNY Mellon Asset Servicing as global custodian.

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  2. Texas Teachers' securities lending program earns $940 million over decade

    Texas Teacher Retirement System, Austin, has earned a total of $940 million in securities lending revenue from the onset of the program in 2002 through Dec. 31, 2012.

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  3. Montgomery County Employees signs transition manager

    Montgomery County Employees’ Retirement System, Norristown, Pa., hired Northern Trust Corp. as transition manager.

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  4. Oklahoma Tobacco Settlement Endowment begins auditor search

    Oklahoma Tobacco Settlement Endowment Trust, Oklahoma City, is searching for an auditor.

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  5. PGGM taps J.P. Morgan Chase to be 3rd custodian

    PGGM, the Dutch fiduciary manager with about €133 billion ($173 billion) in assets, appointed J.P. Morgan Chase as global custodian.

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  6. Center for Health Care Services signs Morgan Stanley Smith Barney for DC plans

    Center for Health Care Services, San Antonio, hired Morgan Stanley Smith Barney to provide retirement plan design, administration, investment advice and record-keeping services for its 401(a) and 457(b) plans.

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  7. North Kansas City Police and Firefighters on lookout for global custodian

    North Kansas City (Mo.) Police and Firefighters Retirement Fund is searching for a global custodian.

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  8. Connecticut Retirement OKs Deutsche Bank for securities lending

    Connecticut Retirement Plans & Trust Funds, Hartford, has hired Deutsche Bank, pending successful contract negotiations, for securities lending component.

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  9. Hamilton College taps TIAA-CREF as bundled provider

    Hamilton College, Clinton, N.Y., selected TIAA-CREF to be the sole bundled provider of services for the college's $150 million 403(b) plan.

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  10. Atlanta issues RFP for record keeper

    Atlanta is searching for a record keeper for its two defined contribution plans, according to an RFP posted on the city's website.

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  11. Mississippi Public Employees searching for third-party DC administrator

    Mississippi Public Employees' Retirement System, Jackson, is searching for a third-party administrator for its $1.3 billion 457 plan.

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  12. West Reading, Pa., scanning for DB investment manager, administrator

    West Reading, Pa., is searching for an investment manager and plan administrator for its two defined benefit pension plans.

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  13. Watertown, Mass., floats actuarial search

    Watertown (Mass.) Contributory Retirement System is searching for an actuarial consultant.

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