Northern Trust will provide global custody and brokerage services to Introspect Capital, a boutique Middle East-based asset manager.
Founded in 2017, Introspect Capital is a Dubai-based manger investing in equities across the Middle East, North Africa and South Asia.
“Northern Trust is an ideal partner to support our firm, as we grow in line with global best practice asset management standards,” added Kareem Hamza, founding partner, Introspect Capital.
The mandate marks the latest in a series of partnerships for Northern Trust’s brokering service, which has recently signed a flurry of emerging fund managers.
“Our services provide broad market access, quality execution and minimisation of trading costs – as well as investment strategies centred on clients’ individual requirements and investment objectives,” said Guy Gibson, global head of institutional brokerage, Northern Trust. “This approach underpins our focus on delivering the highest levels of service for clients such as Introspect Capital.”
Northern Trust launched its integrated trading solutions service last year, combining its expertise in equities and fixed income trading with its middle and back-office services.
Firms that have signed on to the service include Fundsmith, the £22 billion UK investment manager, and Mobius Capital Partners, the emerging and frontier markets fund launched by Mark Mobius.