GPF appoints StanChart in Thailand

The Government Pension Fund (GPF) in Thailand has appointed Standard Chartered as its domestic custodian, responsible for the safekeeping of GPF’s domestic assets and sub-funds. Under the five-year mandate, the bank will provide services including asset safekeeping, settlement, corporate actions, cash management, and portfolio valuation. The domestic assets under custody are approximately THB1trn (USD31.7bn). GPF currently invests across both domestic and international markets, with total AuM of THB1.47trn (USD46.5bn).

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