Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Latest news
  3. Northern Trust gets UK pension mandate
Latest news
Northern Trust gets UK pension mandate
10 November 2011 London
Reporter: Anna Reitman

Image: Shutterstock
Northern Trust has won a £1.5 billion asset servicing mandate for Superannuation Arrangements of University of London (SAUL).

The firm is reappointed to provide global custody, securities lending, cash and foreign exchange services for SAUL with extended services to include investment risk and analytics as well as record keeping for private equity and infrastructure funds.


“We were looking for a provider who could demonstrate an understanding of SAUL’s needs and strategy whilst being able to help us meet our future objectives of reducing administration costs, improving internal governance and maximising investment returns,” said Penny Green, chief executive and managing director, SAUL Trustee Company.


The retention and expansion of this mandate follows a series of wins for Northern Trust in the UK pensions sector such as the Lancashire County pension fund and the Dyfed and Lothian pension schemes.
← Previous latest article

State Streets hires new compliance head
Next latest article →

Former EuroCCP chief takes up LME role
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today