Somerset County Council Pension Fund, Taunton, England, is seeking to appoint a global custodian, Pensions & Investments reports. The position is currently held by BNY Mellon Asset Servicing, which can rebid.
BNY Mellon’s contract expired on February 1 but was renewed temporarily until a permanent selection is made. Proposals are due by July 11 and an appointment is anticipated in early September.
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