State Street extends partnership with Korea’s NPS
03 July 2026 South Korea
Image: SiHo/stock.adobe.com
State Street has extended its long standing partnership with Korea’s National Pension Service (NPS), reinforcing its role as a global investment servicing partner to large asset owners.
Under the renewed mandate, State Street will continue to provide back and middle office services for NPS’s global equity and global alternatives portfolios.
The scope of services includes custody, fund accounting, performance and analytics, mandate compliance, securities lending, middle office, transaction management, trade processing, and data consolidation and customisation.
State Street has supported NPS’s global investment operations since 2014, with mandate renewals in 2018 and 2021, reflecting the continuity of the relationship.
Joerg Ambrosius, president of Investment Services at State Street, notes: “We are honoured to extend our long relationship with NPS.”
Min Kim, country head for Korea, State Street, adds: “As NPS continues to expand its global footprint and diversify its investment portfolio, State Street will provide the infrastructure, data, and operational capabilities that enable growth.
“By delivering a fully integrated, scalable asset servicing model across public and private assets, we are helping NPS manage complexity and unlock long-term value.”
Under the renewed mandate, State Street will continue to provide back and middle office services for NPS’s global equity and global alternatives portfolios.
The scope of services includes custody, fund accounting, performance and analytics, mandate compliance, securities lending, middle office, transaction management, trade processing, and data consolidation and customisation.
State Street has supported NPS’s global investment operations since 2014, with mandate renewals in 2018 and 2021, reflecting the continuity of the relationship.
Joerg Ambrosius, president of Investment Services at State Street, notes: “We are honoured to extend our long relationship with NPS.”
Min Kim, country head for Korea, State Street, adds: “As NPS continues to expand its global footprint and diversify its investment portfolio, State Street will provide the infrastructure, data, and operational capabilities that enable growth.
“By delivering a fully integrated, scalable asset servicing model across public and private assets, we are helping NPS manage complexity and unlock long-term value.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
