mast image

Impact Investing

IPE special report May 2018

Sections

ABN AMRO Mellon scores £1.36bn UK custody win

UK – The £1.36bn (e2.17bn) Hertfordshire County Council pension fund has appointed ABN AMRO Mellon Global Securities Services as its global custodian.
Services to be provided in the mandate include core custody, investment accounting and reporting with an option to move into stock lending and cash management in the future.

“ We have taken the decision to appoint a global custodian in order to streamline administration and to enable us to take advantage of added-value services in the future, such as stock lending and cash management. The decision to appoint ABN AMRO Mellon was based on the quality of service on offer at a very competitive price,” says Jill Laycock, corporate accountancy group manager at Hertfordshire County Council.

“ We see this award as validation of the efforts our team have made in the UK, and for this marketplace to recognise ABN AMRO Mellon as a viable alternative to the competition,” says Nadine Chakar, managing director at ABN AMRO Mellon.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2436

    Asset class: Real Estate - Core Open-ended Real Estate Equity Fund (non-listed).
    Asset region: Asia Pacific.
    Size: Approx. CHF 70-100m per investment.
    Closing date: 2018-05-25.

  • QN-2438

    Asset class: High Yield Bonds.
    Asset region: US.
    Size: USD 300 million.
    Closing date: 2018-05-25.

  • RE-2441

    Closing date: 2018-05-31.

Begin Your Search Here