HSBC secures custody mandates for two UK pension schemes
HSBC has signed securities services partnerships with the National Grid UK Pension Scheme and the Cadent Gas Pension Scheme.
March 5, 2021 11:07 AM GMT
HSBC has secured custody mandates for two UK pension funds, building on its impressive roster of UK securities services clients.
The bank has extended its long-term securities services partnership with the National Grid UK Pension Scheme, while also being appointed by Cadent Gas Pension Scheme for a range of back-office services including global custody and fund accounting.
HSBC will also provide the Cadent Gas Pension Scheme with performance measurement, private equity fund administration and securities lending services.