Chicago police fund seeks custodian 08 October 2012Chicago Reporter: Georgina Lavers
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The retirement board of the Policemen’s Annuity and Benefit Fund of Chicago is requesting proposals from qualified firms interested in providing master trustee or custodial services.
They stated that firms should be able to provide any or all of the following services: core custody services, including domestic and international master trust/custodial services, securities safekeeping, settlement, valuation, foreign exchange services, performance measurement, collection of income, and securities lending services.
Currently the master custodian of the Policeman’s Fund of Chicago is Northern Trust.
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