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MainePERS Names JP Morgan Custodian

The Maine Public Employees Retirement System has appointed JP Morgan Worldwide Securities Services to provide custody and securities services.

The Maine Public Employees Retirement System (MainePERS) has appointed JP Morgan Worldwide Securities Services to provide custody and securities services. The fund manager will offer a range of custody and securities services including global custody, fund accounting and performance analytics.

The firm will also provide alternative asset administration, compliance monitoring, securities lending, transition management, foreign exchange and cash management for the system. JP Morgan replaced Northern Trust intherole, adds Pensions & Investments.

Click here for the release from JP Morgan.

Click here for additional coverage from Pensions & Investments.

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