The Philips pension fund - the third largest in the Netherlands - has appointed State Street Corporation to a EUR15bn custody mandate.
State Street’s brief is to provide custody, accounting, global securities lending, performance and analytics, compliance monitoring as well as foreign exchange services on a global basis. State ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date