mast image

Special Report

Impact investing


Midland retains Philips business

Midland Securities Services (MSS) has been reappointed to the custodianship of the £1.8bn Philips Electronics UK pension fund, after trustees expressed their satisfaction at the services provided to date. Following an extremely thorough" review of seven other custodians, according to Phillip Carter, financial controller at Philips, MSS came out on top and will continue to carry out the banking, custody and audits for the fund. Bacon & Woodrow acted as consultants to the review."

Have your say

You must sign in to make a comment


Your first step in manager selection...

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

  • QN-2543

    Asset class: Search of an Asset manager / Advisor managing / Advising a risk-based equity derivatives overlay program.
    Asset region: Global Developed Markets Equities, Global Emerging Markets Equities, Swiss Equities.
    Size: CHF 700-2100 million.
    Closing date: 2019-06-17.

  • QN-2544

    Asset class: Transitional Real Estate Debt.
    Asset region: North America (USA/Canada).
    Size: $50-100mn.
    Closing date: 2019-06-17.

  • QN-2546

    Asset class: Real Estate Equity Fund (non listed).
    Asset region: Europe.
    Size: Total CHF 600m, approx. CHF 100-300m per fund investment.
    Closing date: 2019-06-28.

Begin Your Search Here