Stichting Bedrijfstakpensioenfonds voor de Groothandel in Levensmiddelen (Bpf GIL) has appointed JP Morgan Worldwide Securities Services as its new service provider. JP Morgan will offer securities administration services to the pension fund by expanding its securities services business.
Bpf GIL, which has a total value of about €500 million, has appointed JP Morgan as its global custodian. Aon Hewitt assisted the pensions fund in the selection process.
Click here for the release from Web Wire.