New Hampshire Retirement System hunting for global custodian
By Rob Kozlowski | January 3, 2013 3:08 pm
New Hampshire Retirement System, Concord, is searching for a global custodian, confirmed spokesman Marty Karlon.
The $6 billion pension fund is conducting the search as a due-diligence measure, Mr. Karlon said. Northern Trust, the current global custodian, is invited to rebid.
The RFP is available from the fund's website. Proposals are due at 5 p.m. EST on Jan. 31. Finalist presentations and an investment committee decision are scheduled for May 24.