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28 February 2011
New York
Reporter Ben Wilkie

NY Teachers looking for new custodian

The New York State Teachers' Retirement System has announced it is looking to appoint a new custodian.

The contract for the current provider, State Street, expires on October 1, and the fund is looking for a new contract to start on July 1.

The contract will be for a term of three years, which can be extended for up to two further three year terms.

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