WEST PALM BEACH, FL (www.hedgeco.net) – The Bank of New York has been selected as the “Custodian of the Year” at the 2005 UK Pensions Awards which was sponsored by the Professional Pensions magazine.BONY was chosen by the judges from a record number of entries this year. BONY was given the award for its efforts in meeting its clients’ demands, as well as for its leadership role in consulting andpartnering with the pensions industry. The Professional Pension Awards is widely acknowledged as the leading awards event in the UK�s Pension Fund industry, which honors excellence and other notablecontributions to the industry.
The executive vice president and Head of Europe at The Bank of New York, Tim Keaney said, �This is a very prestigious award and reflects our excellent position and leadership in servicing the whole of the UK Pensions Market. We serve a wide range of size of pension customers and continue to build out our product to meet the unique needs of all pension customers.”
BONY recently hosted a Pension Summit, which offered industry participants an opportunity to discuss key issues facing the industry, including the CP176 and Hedge Funds, as well as a forum for corporate governance, and other issues. The panel included industry experts such as �Editor, Len Roberts and Roger Cobley, president of the Pensions Management Institute and Christine Farnish, chief executive of the NAPF.
Bank of New York is one of the global leaders providing both individuals and institutions a wide array of investment services in the area of asset management. BONY is one of the oldest financial institutions in the United States, founded in 1784.
Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net
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