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JP Morgan Wins AP1 Custody Mandate

Första AP-fonden has awarded a mandate to JP Morgan Worldwide Securities Services.

Första AP-fonden (AP1) has awarded a mandate to JP Morgan Worldwide Securities Services. It has been appointed as AP1’s sole global custody services provider.

JP Morgan will also offer custody services, CLS, compliance monitoring, trade matching and fund accounting. AP1 is a Swedish pension fund provider with net asset under management worth $1.55 billion.

Click here for the release from Web Wire.

Click here for additional coverage from Global Pensions.

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