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Northern Pool to partner with Northern Trust for £46bn Mandate

Two people shaking handsThe Northern Pool has appointed Northern Trust (Nasdaq: NTRS), subject to contract, to provide a broad range of custodial and administration services, including securities lending, private equity fund administration, compliance monitoring and carbon reporting. The appointment follows a very competitive process which was supported by the global post-trade risk and custody specialists, Thomas Murray.

Northern Pool has appointed its new chairman

Ian GreenwoodThe Northern Pool has appointed Ian Greenwood as its new chairman. Ian is currently the Deputy Chair of the West Yorkshire Pension Fund and Deputy Chair of the Local Authority Pension Fund Forum, which represents 75 local government pension funds with assets of over £200 billion.

Northern Pool proposals submitted to the Government

Two people shaking handsAgreement has been reached between three LGPS pension funds (including Merseyside Pension Fund) to form a Collective Asset Pool, called ‘Northern Pool’. This agreement meets the criteria set out by the Government in 2015.

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