ABN Amro Mellon has won the global custody mandate for the IR£1.4bn (€1.77bn) Irish Post Office pension fund, its first in Ireland.

The custody mandate will be managed from the bank's London operation, with support and input coming from parent Mellon's 50-strong Dublin office. It will provide core custody services, full investment accounting, compliance monitoring and cash management.

ABN Amro Mellon wins Irish Post Office custody mandate

William Hutchings

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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