UK - West Sussex County Council pension fund has consolidated its custody and performance measurement services with State Street Corporation.
The mandate, which expands State Street’s existing relationship with the fund, sees the firm become the exclusive provider servicing more than £740m in the fund’s assets.
Under the terms of the agreement, State Street will provide custody services while performance measurement will continue to be provided through WM Performance Services, the European performance measurement arm of State Street.
Thomas Murray advised the fund on the custody review.
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