Northern Trust has expanded its Global Fund Services (GFS) team to address a growing demand for middle- and back-office services for fund complexes and investment management clients.
Anna Jamroz, sales representative, and Robert J. Raimondi, relationship manager, have filled new positions created to advance the GFS business in North America.
“We will continue to enhance our fund services business to meet the growing opportunities in a market where new funds and strategies are being launched, a trend we expect to continue. It is a very exciting time to be engaged in this space, and Anna and Bob will help ensure that our business growth and service remain at the highest level,” says Penelope Biggs, head of worldwide business development for asset servicing, Northern Trust.
Jamroz is responsible for selling global custody, fund administration, investment operations outsourcing, and related services to funds and investment managers. She reports to Biggs. Prior to joining the GFS sales team, Jamroz held positions in GFS marketing and was involved in the integration of Barings Financial Services business after Northern Trust acquired the fund services group in 2005.
Raimondi handles the strategic and tactical servicing of GFS clients in North America. He reports to Peter Reinhart, head of GFS client relationship management. Previously, Raimondi worked as a sales director for the investment research firm Morningstar, Inc.
Global Fund Services offers global custody and related services, fund administration and investment operations outsourcing to investment managers and fund sponsors. Northern Trust has provided fund services for more than 20 years.