Northern Trust announced today it will deliver fund administration, transfer agency and custody services to the Insight Liquidity Fund, which was launched this month. Insight Investment Management Limited is the asset manager of HBOS plc.
“We conducted an initial review of six leading providers which we then narrowed down to three finalists,” says John Rice, Head of Customer Services at Insight Investment. “Northern Trust were selected on the basis of their flexibility, their commitment to Insight and their competitive bid”.
“Northern Trust is delighted to have been appointed and looks forward to building a successful long-term relationship,” said Peter Jordan, Managing Director, Northern Trust Ireland. “We are focused on this market segment in Ireland, and strive to deliver expert financial services to this important and growing client base.”