R5169_Global Custody Services for Tower Hamlets Pension Fund

Tender description

The London Borough of Tower Hamlets is seeking tenders from suitably skilled and qualified organisations for the provision of a Global Custody Service for the Council's Pension Fund. The successful bidder will be awarded a 3 year contract with the option to extend by another two years. The Global Custody Provider will provide services including but not limited to The provider will be required to supply the following Global Custody Services; safekeeping of assets in a range of global markets; trade settlement; tax reclaims; corporate actions instruction and collection; proxy voting facilitation; foreign exchange services; cash management; investment accounting; online reporting performance measurement; compliance monitoring; passive currency hedging, and other asset administration services which may arise from time to time.