Northern Trust has been selected by Hargreaves Lansdown to provide custody and fund administration services for approximately 1 billion in funds of funds assets.
Hargreaves Lansdown is a provider of investment management products and services to U.K. private investors, and is widely recognised in the U.K. funds industry as a major distributor.
“Northern Trust is delighted to have been awarded this high profile mandate which further reinforces our reputation as a leading provider supporting in excess of 60 fund of funds in the U.K,” says Toby Glaysher, head of Global Fund Services, Northern Trust.