Devon County Council Pension Fund, Exeter, England, hired JPMorgan Worldwide Securities Services to provide global custody for the £2.2 billion ($4.4 billion) fund, confirmed Joanne Parker, spokeswoman for the funds consultant, Thomas Murray. JPMorgan had been custodian for about £250 million of the portfolio, while State Street Bank was custodian for the remaining assets. The council recently decided to consolidate all its assets with one global custodian. This appointment comes after an exhaustive review and tender which was conducted with the assistance of Thomas Murray, said Barry White, the councils investment manager, in a JPMorgan news release. Our overall perception of JPMorgan was one of pro-activity and a willingness to work with Devon. An official at the council referred questions to Thomas Murray.