Searches and Hires

Hawaii Employees sticks with BNY Mellon as custodian

Hawaii Employees' Retirement System, Honolulu, rehired Bank of New York Mellon (BK) as custodian, said Elizabeth Burton, chief investment officer, in an email.

The $16.8 billion pension fund issued an RFP in March 2018 due to the impending expiration of BNY Mellon's contract; the other finalists were J.P. Morgan Chase, Northern Trust and State Street