Lancashire County Pension Fund Renews Asset Servicing Relationship with Northern Trust
Northern Trust (NTRS) has been reappointed by Lancashire County Pension Fund to provide custody and performance measurement services for its £11.5 billion (US$14.6 billion) fund. This renewal extends their 13-year partnership, highlighting Northern Trust's commitment to the Local Government Pension Scheme (LGPS) sector.
Lancashire County Pension Fund serves approximately 189,000 employees and over 300 public sector employers in North West England. The reappointment underscores Northern Trust's expertise in serving LGPS clients and its role as a strategic partner to the LGPS community.
Northern Trust's Asset Owner business provides custody services to over 370 clients with US$3.01 trillion in assets under custody across EMEA, as of 31 May 2024. This reappointment reinforces Northern Trust's position as a leading asset servicing provider to UK pension funds.
Northern Trust (NTRS) è stata nuovamente designata dal Fondo Pensione della Contea di Lancashire per fornire servizi di custodia e misurazione delle performance per il suo fondo di 11,5 miliardi di sterline (14,6 miliardi di dollari USA). Questo rinnovo estende la loro partnership di 13 anni, evidenziando l'impegno di Northern Trust nel settore dei Fondi Pensione del Governo Locale (LGPS).
Il Fondo Pensione della Contea di Lancashire serve circa 189.000 dipendenti e oltre 300 datori di lavoro del settore pubblico nel Nord-Ovest dell'Inghilterra. La rielezione sottolinea l'expertise di Northern Trust nel servire i clienti LGPS e il suo ruolo di partner strategico per la comunità LGPS.
Il business di Asset Owner di Northern Trust fornisce servizi di custodia a oltre 370 clienti con 3,01 trilioni di dollari USA in attività in custodia in EMEA, a partire dal 31 maggio 2024. Questo rinnovo rafforza la posizione di Northern Trust come principale fornitore di servizi per gli asset ai fondi pensione del Regno Unito.
Northern Trust (NTRS) ha sido reelegida por el Fondo de Pensiones del Condado de Lancashire para proporcionar servicios de custodia y medición de rendimiento para su fondo de 11.5 mil millones de libras esterlinas (14.6 mil millones de dólares estadounidenses). Esta renovación extiende su asociación de 13 años, destacando el compromiso de Northern Trust con el sector del Esquema de Pensiones del Gobierno Local (LGPS).
El Fondo de Pensiones del Condado de Lancashire atiende aproximadamente a 189,000 empleados y más de 300 empleadores del sector público en el noroeste de Inglaterra. La reelección subraya la experiencia de Northern Trust en el servicio a clientes LGPS y su papel como socio estratégico para la comunidad LGPS.
El negocio de Propietario de Activos de Northern Trust proporciona servicios de custodia a más de 370 clientes con 3.01 billones de dólares estadounidenses en activos bajo custodia en EMEA, hasta el 31 de mayo de 2024. Esta reelección refuerza la posición de Northern Trust como proveedor líder de servicios de activos para fondos de pensiones en el Reino Unido.
노던 트러스트(NTRS)는 랭커셔 카운티 연금 기금의 Custody 및 성과 측정 서비스를 제공하기 위해 재임명되었습니다. 이 기금은 115억 파운드(약 146억 달러)입니다. 이번 갱신은 13년의 파트너십을 연장하며, 노던 트러스트의 지역 정부 연금 계획(LGPS) 부문에 대한 헌신을 강조합니다.
랭커셔 카운티 연금 기금은 약 189,000명의 직원과 300개 이상의 공공 부문 고용주를 서비스합니다. 재임명은 LGPS 고객을 서비스하는 노던 트러스트의 전문성과 LGPS 커뮤니티에 대한 전략적 파트너로서의 역할을 강조합니다.
노던 트러스트의 자산 소유자 비즈니스는 2024년 5월 31일 기준으로 EMEA 지역에서 3.01조 달러의 자산을 Custody하는 370명 이상의 고객에게 Custody 서비스를 제공합니다. 이번 재임명은 영국의 연금 기금에 대한 주요 자산 서비스 공급자로서의 노던 트러스트의 입지를 강화합니다.
Northern Trust (NTRS) a été à nouveau désigné par le Fonds de Pension du Comté de Lancashire pour fournir des services de garde et de mesure de performance pour son fonds de 11,5 milliards de livres sterling (14,6 milliards de dollars américains). Ce renouvellement prolonge leur partenariat de 13 ans, soulignant l'engagement de Northern Trust envers le secteur des Schémas de Pension des Gouvernements Locaux (LGPS).
Le Fonds de Pension du Comté de Lancashire sert environ 189 000 employés et plus de 300 employeurs du secteur public dans le Nord-Ouest de l'Angleterre. La réélection souligne l'expertise de Northern Trust dans le service aux clients LGPS et son rôle de partenaire stratégique pour la communauté LGPS.
L'activité de Propriétaire d'Actifs de Northern Trust fournit des services de garde à plus de 370 clients avec 3,01 trillions de dollars américains d'actifs sous garde dans la région EMEA, à la date du 31 mai 2024. Ce renouvellement renforce la position de Northern Trust en tant que fournisseur de services d'actifs de premier plan pour les fonds de pension au Royaume-Uni.
Northern Trust (NTRS) wurde erneut vom Lancashire County Pension Fund beauftragt, Dienstleistungen zur Verwahrung und Leistungsbewertung für seinen Fonds in Höhe von 11,5 Milliarden Pfund (14,6 Milliarden US-Dollar) zu erbringen. Diese Erneuerung verlängert ihre 13-jährige Partnerschaft und unterstreicht das Engagement von Northern Trust im Sektor der Local Government Pension Schemes (LGPS).
Der Lancashire County Pension Fund betreut etwa 189.000 Mitarbeiter und mehr als 300 Arbeitgeber im öffentlichen Sektor im Nordwesten Englands. Die Wiederernennung hebt die Expertise von Northern Trust in der Betreuung von LGPS-Kunden hervor und bekräftigt seine Rolle als strategischer Partner für die LGPS-Community.
Das Asset Owner-Geschäft von Northern Trust bietet Verwahrungsdienste für über 370 Kunden mit 3,01 Billionen US-Dollar an Vermögenswerten unter Verwahrung in der EMEA-Region, Stand 31. Mai 2024. Diese Wiederernennung stärkt die Position von Northern Trust als führenden Vermögensdienstleister für britische Pensionsfonds.
- Renewed 13-year partnership with Lancashire County Pension Fund
- Reappointed to provide custody and performance measurement services for £11.5 billion fund
- Demonstrates strong position in the LGPS sector
- Asset Owner business serves over 370 clients with US$3.01 trillion in assets under custody across EMEA
- None.
A Local Government Pension Scheme (LGPS), Lancashire County Pension Fund provides retirement benefits to approximately 189,000 employees and over 300 employers in the public sector across the county of
“We are delighted that Lancashire County Pension Fund renewed our 13-year partnership,” said James Wright, Head of Asset Owners,
“As a leading asset servicing provider to
Northern Trust has had an unwavering and longstanding commitment to the asset owner space for many decades. The goal within the asset owner segment is to empower the missions of its clients, helping them to maximize investment returns so that they may then serve their constituents, their communities and the world. Northern Trust’s Asset Owner business provides custody services to over 370 clients with collectively
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in
Northern Trust Corporation, Head Office: 50 South La Salle Street,
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Camilla Greene
+44 20 7982 2176
Camilla_Greene@ntrs.com
Simon Ansell
+44 (0) 20 7982 1016
Sa777@ntrs.com
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John O’Connell
+1 312 444 2388
John_O’Connell@ntrs.com
Source: Northern Trust
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