Flintshire County Council Clwyd Pension Fund, Mold, Wales, appointed Deutsche Bank to be global custodian for its £556 million ($794.2 million) pension fund. According to Pension Funds & Their Advisers, the fund’s previous custodians were The Bank of New York, Citibank Worldwide Securities Services and J.P. Morgan Investor Services.
David Bamber, funds manager at the plan, could not be reached for comment.
