Watch breaking news videos and read news updates about Custody-Trust on pionline.com
New Mexico PERA lines up custodian search
trueNew Mexico Public Employees Retirement Association is expected to launch an RFP for a custodian on Sept. 2.
Monroe, Conn., on lookout for pension fund consultant
trueMonroe, Conn., is searching for an investment consultant for its $20 million pension fund.
Erie, Pa., wants small- and midcap managers, custodian for 4 pension funds
trueErie, Pa., is searching for a custodian, a midcap core equity manager to run approximately $26 million and a small-cap growth equity manager to run approximately $12 million for the city's four pension funds.
Montana Board of Investments keeps State Street as custodian
trueMontana Board of Investments rehired State Street Bank as custodian, pending contract negotiations.
Concord Contributory issues call for custodian
trueConcord (Mass.) Contributory Retirement System is searching for a custodian.
J.P. Morgan promotes new head of global custody
trueChris Rowland was named global head of custody for J.P. Morgan Chase's custody and fund services business, effective immediately, said a memo to company staff.
New York State Deferred Comp issues call for custodian
trueNew York State Deferred Compensation Plan is searching for a custodian/trustee.
Tennessee Consolidated goes with State Street for custody
trueTennessee Department of the Treasury hired State Street Bank as custodian of the $40 billion Tennessee Consolidated Retirement System.
Lakeland signs Wells Fargo as custodian
trueLakeland (Fla.) Employees' Pension and Retirement System hired Wells Fargo as custodian.
New Jersey Transit searching for administrator, custodian services
trueNew Jersey Transit Corp. is looking for an administrator, custodian and trustee for its five defined benefit pension funds.
Pension Protection Fund preps custodian search
truePension Protection Fund expects to launch a search for a custodian in the next few months.
St. Joseph keeps U.S. Bank as manager of transit employee funds
trueSt. Joseph, Mo., rehired U.S. Bank as investment manager and custodian of its two transit employee pension funds.
Texas Teachers sticks with State Street for custody, securities lending
trueexas Teacher Retirement System rehired State Street Bank for custodial and securities lending services.
State Street reaches $60 million settlement over shareholder lawsuit
trueState Street Corp. has reached a $60 million settlement on a class-action lawsuit led by the $24 billion Mississippi Public Employees' Retirement System, Jackson, and Union Asset Management Holding AG, regarding its foreign-exchange trading services.
Finland's VER taps BNY Mellon as custodian
trueValtion Elakerahasto, Helsinki, hired Bank of New York Mellon as global custodian for its direct equity and fixed-income investments.