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LGPS Central Depositary and Asset Services

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What the buyer wrote

LGPS Central Limited is seeking a provider to undertake depositary and custody services; registrar and transfer agency services; and administration services. The successful bidder will enter into one or more contracts to provide these services. Information about LGPS Central: Eight Local Government Pension Funds, all based in the Midlands, intend to create an investment pool. Which will see the creation of a multi asset investment pool of £35 billion. The Participating Funds in the LGPS Central Investment Pool are Cheshire, Derbyshire, Leicestershire, Nottinghamshire, Shropshire, Staffordshire, West Midlands (including the West Midlands Integrated Transport Authority) and Worcestershire.…

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Awarded to

Northern Trust£50mends (30 Nov 2028)

Details

What the buyer calls it
LGPS Central Depositary and Asset Services
How they are buying
Advertised, shortlist firstSuppliers applied to be considered, and the buyer picked who went on to bid.
Type
services
Work starts
18 Jun 2017
Work ends
30 Nov 2028

Who the buyer named

The buyer published a contact address on this notice.

corporate.procurement@wolverhampton.gov.uk