Falkirk County Council in the UK has appointed Northern Trust as the sole global custodian for its £640m (€1bn) pension fund.

Falkirk has previously used the custodian of its selected investment managers but decided to have one master custodian because it believes this will streamline operations.

Falkirk picks Northern Trust as global custodian

Pirkko Juntunen

Northern Trust

Ex-Fidelity star Anthony Bolton warns US stocks will have ‘day of reckoning’

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CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

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

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

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The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

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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.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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