Northern Ireland Local Government Officers' Superannuation Fund, Belfast, is searching for a global custodian, confirmed David Murphy, CEO and secretary of the £3.7 billion ($5.7 billion) fund.
In addition to custody, the successful firm will provide other services, including cash management, proxy voting, performance measurement and securities lending.
Incumbent HSBC Securities Services can rebid.
The RFP is available here.
Proposals are due Feb. 27. A selection is expected by September.