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Oklahoma Teachers eyes replacing J.P. Morgan with Northern Trust as custodian
trueOklahoma Teachers' Retirement System intends to hire Northern Trust to provide custodial, securities lending and commission recapture services if the two parties can agree on contract terms.
South African government employees picks Standard Bank as sole custodian
trueGovernment Employees Pension Fund, Pretoria, South Africa, hired Standard Bank as its sole custodian.
Western Australia government employees' fund moves to Northern Trust for custody
trueGovernment Employees Superannuation Board, Perth, Australia, hired Northern Trust as global custodian.
Massachusetts Water Resource Authority casts net for custodian banks
trueMassachusetts Water Resource Authority Employees’ Retirement System is searching for a custodian.
El Paso County Retirement Plan mulls custodian search
trueEl Paso County Retirement Plan could issue an RFP for a trustee/custodian in January.
State Street edges BNY Mellon in custody assets
trueState Street Corp. moved ahead of Bank of New York Mellon Corp. as the largest custody bank in terms of assets, with a slight increase in assets under custody and related revenue in the third quarter, while BNY Mellon, J.P. Morgan Chase & Co. and Northern Trust Corp. all saw slight decreases in ...
Oklahoma Teachers issues call for custodians
trueOklahoma Teachers' Retirement System is searching for a firm to provide custodial, securities lending and commission recapture services.
Kansas PERS hires State Street as custodian, terminates 2 PIMCO investments
trueKansas Public Employees Retirement System hired State Street Bank as custodian, committed to a private equity fund and terminated Pacific Investment Management Co. for performance and senior management personnel changes.
LACERS readies custodian search; earmarks $35 million to venture capital
trueLos Angeles City Employees' Retirement System approved issuing an RFP for a firm to provide custodial and securities lending services, minutes from a recent meeting show.
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.