Somerset County Council Pension Fund, Taunton, England, is searching for a global custodian, said Anton Sweet, funds and investments manager at the £1.2 billion ($1.9 billion) fund.
BNY Mellon Asset Servicing is the incumbent and can rebid. BNY Mellon's contract expired Feb. 1 but was renewed temporarily until a permanent selection is made, Mr. Sweet said.
Proposals are due July 11, and a selection expected in early September. Further information is available from Mr. Sweet at [email protected]
