J.P. Morgan to offer asset servicing solutions to Iceland's Pension Fund of Commerce
Latest news
J.P. Morgan to offer asset servicing solutions to Iceland's Pension Fund of Commerce 23 April 2025Iceland Reporter: Jack McRae
Image: stock.adobe.com/9mot
J.P. Morgan has been selected by Lífeyrissjóður verzlunarmanna (LV), Iceland's Pension Fund of Commerce, to provide asset servicing solutions.
They will provide global custody, fund accounting, FX, performance, risk and compliance reporting services, across LV’s securities portfolio.
Arne Vagn Olsen, head of asset management at LV, comments: "We chose J.P. Morgan as our partner due to their broad service offering, international experience, and solutions that can grow with us into the future."
Allan Nedergaard, head of Securities Services Sales for the Nordics at J.P. Morgan, adds: “J.P. Morgan is proud to begin our partnership with LV, and support their continued growth. This new mandate further strengthens our long-standing commitment to the Icelandic market and reinforces our position as the leading securities services provider for institutional clients in the Nordics.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: stock.adobe.com/9mot 