Utrecht-based Stichting Rabobank Pensioenfonds has hired BNY Mellon Asset Servicing as custodian of its assets. The mandate was previously handled by KAS BANK, adds Pensions & Investments. The Rabobank pension fund is currently valued at $16.4 billion. BNY Mellon Asset Servicing provides a range of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics and execution services.
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