Amonis OFP, the largest pension fund for health care workers in Belgium, has appointed J.P. Morgan to provide custody and related services. Amonis OFP has EUR1bn under management for some 25,000 active members and 1,300 pensioners.
Hugo Lasat, CEO of Amonis, said: "The pension fund industry is evolving rapidly and we have found a partner that can support Amonis in its development via a long lasting relationship. Custody has become a commodity but the additional services J.P. Morgan is offering are essential building blocks for the management and evolution of our pension scheme and offer substantial value."
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