CUSTODIAN: AP2 and AP3 Choose Northern Trust, State Street Out

Posted on 07/17/2015


Swedish buffer funds AP2 and AP3 have jointly awarded a contract as global custodian to Northern Trust for each of the funds. Both funds conducted a global custody services procurement process in 2014 and 2015. AP3 has reappointed Northern Trust, while AP2 is replacing State Street for Northern Trust. Some key winning points for the […]