TFL pension fund keeps trust in J.P. Morgan 14 May 2013London Reporter: Georgina Lavers
Image: Shutterstock
Transport for London (TFL) Pension Fund has reappointed J.P. Morgan as global custodian for all its managed assets, and for the first time J.P. Morgan will also provide performance measurement services.
TFL Pension Scheme has approximately £6.8 billion of assets under management.
J.P. Morgan has acted as global custodian for the scheme since 1999 and has provided securities lending services since 2000.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Shutterstock 