Firefighters’ Retirement System of Louisiana is planning to appoint a global custodian bank for custody services, Pensions & Investments reports. The new global custodian will provide a multi-currency custody of trust assets, settlement of trades and handle all the corporate actions of the system. The selected candidate will also collect the income, portfolio asset pricing and provide the appropriate reports of the functions and services. FRS has set April 5, 2011 as the last date to receive request for proposal from applicants.

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