Northern Trust wins GB£1.2 billion mandate from Dyfed Pension Fund (NTRS)

Northern Trust NTRS announced today that it has been appointed by the Dyfed Pension Fund, administered by Carmarthenshire County Council, to provide global custody and investment accounting services for GP£1.2 billion (approximately US$2 billion) in pension fund assets. This is the latest appointment in a series of Local Government Pension Scheme wins announced by Northern Trust.

The council, which appointed Northern Trust following a competitive tender, was looking to extend the services it received from its custodian.