The University of London pension scheme has re-appointed Northern Trust as its custodian with an expanded remit to provide investment risk and analytics, and record keeping for private equity and infrastructure funds.
The Superannuation Arrangements of University of London (SAUL), which has £1.5 billion (€1.75 billion) of assets, has been a Northern Trust client since 2003.
The contract also covers securities lending, cash and foreign exchange services for Superannuation Arrangements of University of London (SAUL).
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