Enfield Pension Fund in conjunction with other six London Local Authorities Pension Fund are running a joint competition of Global Custody Search.
A custodian is responsible for the safekeeping of the fund’s securities. This function may be carried out by a custodian appointed directly by the fund, or via appointed fund managers. Current best practice is for funds to appoint their own custodian hence the Enfield Pension Fund and the other six London borough funds.