Another Custodian Loss for BNY Mellon on LGPS Mandates

Posted on 10/20/2014

In another string of bad news for BNY Mellon, the bank has been let go in favor of Northern Trust regarding a custodian mandate. The £964 million City of Westminster Superannuation Fund chose Northern Trust following a joint tender with the London Borough of Hammersmith and Fulham Pension Fund (which already has Northern Trust as […]

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