National Pension Service of Korea Appoints BNY Mellon as Global Custodian for Fixed Income

BNY Mellon, a global leader in investment management and investment services, has been selected by the National Pension Service of Korea (NPS), one of the world’s largest pension funds, to be the global custodian for their fixed income mandate.

“We are delighted and honored to be given this opportunity to serve the National Pension Service of Korea, one of the world’s largest pension funds. This appointment further affirms the value BNY Mellon provides through its integrated servicing and data solutions to key institutional investors,” said Rohan Singh, Asia Pacific Head of Asset Servicing, BNY Mellon. “We are committed to providing robust data management and performance attribution capabilities to help asset owners address their investment challenges in an increasingly complex market environment.”

NPS, which oversees South Korea’s public pension assets, is the world’s third largest pension fund. As of June 2018, it has total assets under management of around $600 billion, of which $200 billion is being invested globally across 68 markets.

About BNY Mellon

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. As of June 30, 2018, BNY Mellon had $33.6 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com.