SWEDEN - Forsta AP-Fonden, the SEK148bn (e16bn) first national Swedish pension fund (AP1), has appointed ABN AMRO Mellon bank as its global custodian.
The fund announced its decision to tender in February this year, citing the “need for a new benchmarking and pricing” as the reason for dropping Citibank, the scheme’s custodian for more than ten y...
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