Florida State Board of Administration, Tallahassee, selected JPMorgan Investor Services, Mellon Global Securities Services and State Street Bank as finalists in a search for global custody services for the $102.4 billion Florida Retirement System and nearly $2 billion in other funds. The search was conducted because State Street's contract was expiring. The board expects to interview the finalists in mid-December, receive fee proposals in January and award a contract in February.
R.V. Kuhns & Associates is assisting.