San Francisco seeks global custodian

San Francisco City & County Employees’ Retirement System issued an RFP for a global custodian. The contract of the $16.7 billion pension fund’s current provider, Northern Trust, expires June 30. Proposals are due Jan 11, and fund officials expect to make a selection March 11, according to the RFP, which is available on the fund’s website at www.sfgov.org/sfers. David Kushner, deputy director for investments, could not be reached for further details by press time.