Searches and Hires

Bristol County Retirement selects People’s United as custodian

Bristol County Retirement System, Taunton, Mass., hired People's United Bank to provide custodial/master trust services, said Roxanne L. Donovan, executive director of the $675 million pension fund, in an email.

People's United replaces State Street, which also submit a bid, along with Comerica Bank.

Segal Marco Advisors, the pension fund's investment consultant, assisted with the search.

The RFP was issued in May to comply with state laws that require contracts to be put out for rebid every few years.