State Street extends partnership with Korea鈥檚 NPS
03 July 2026 South Korea
Image: SiHo/stock.adobe.com
State Street has extended its long standing partnership with Korea鈥檚 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鈥檚 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鈥檚 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: 鈥淲e are honoured to extend our long relationship with NPS.鈥�
Min Kim, country head for Korea, State Street, adds: 鈥淎s 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.
鈥淏y delivering a fully integrated, scalable asset servicing model across public and private assets, we are helping NPS manage complexity and unlock long-term value.鈥�
Under the renewed mandate, State Street will continue to provide back and middle office services for NPS鈥檚 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鈥檚 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: 鈥淲e are honoured to extend our long relationship with NPS.鈥�
Min Kim, country head for Korea, State Street, adds: 鈥淎s 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.
鈥淏y delivering a fully integrated, scalable asset servicing model across public and private assets, we are helping NPS manage complexity and unlock long-term value.鈥�
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