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Andra AP-fonden: The Third and Second Swedish National Pension Funds Selects Northern Trust as Global Custodian after Co-Operating on Procurement Process

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GÖTEBORG, Sweden--(BUSINESS WIRE)--The Third (AP3) and Second Swedish National Pension Fund (AP2) has jointly performed a procurement of Global Custody Services during 2014 and 2015 and have now decided to award the contract as Global Custodian to Northern Trust for each of the funds. By conducting a joint procurement AP3 and AP2 could streamline the process by, among other things, sharing experience on operational processes. Further the cooperation created a good position for the funds in resp

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