Award of LGPS Central Depositary and Asset Services Contract to Northern Trust
WOLVERHAMPTON CITY COUNCIL · Awarded contract
AwardedAward of LGPS Central Depositary and Asset Services Contract to Northern Trust
Awarded 18 Jun 2017
Awarded18 Jun 2017
Value£50,000,000.00
SupplierNorthern Trust
RegionWest Midlands
CategoryFinance & Insurance
Expires in 2y 1mo11y 6mo term, 82% elapsed
Awarded 18 June 2017Expires 30 Nov 2028
About
Wolverhampton City Council awarded a contract to Northern Trust for depositary and custody services, registrar and transfer agency services, and administration services for the LGPS Central investment pool.
The contract supports the pooling of eight Midlands Local Government Pension Funds into a £35 billion multi-asset investment pool, aimed at delivering cost savings, scale, resilience, knowledge sharing, and robust governance.
The contract value is £50,000,000.
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Award of LGPS Central Depositary and Asset Services Contract to Northern Trust
Won by Northern Trust · WOLVERHAMPTON CITY COUNCIL
£50.0Mawarded
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