Fondo de Ahorro de Panama Hires Northern Trust for Global Custody Services

Posted on 01/19/2017


The Fondo de Ahorro de Panama (FAP), Panama’s sovereign wealth fund, hired Northern Trust in a global competitive bidding process to provide global custodian services for the fund. The RFP process started back in June 2016. The Banco Nacional de Panama, acting as trustee of the FAP, signed the contract, which has a term of […]