Avanza Fonder outsources trading to Northern Trust
The move will consist of outsourcing the firm’s global, emerging market, European and US equity market index funds.
The move will consist of outsourcing the firm’s global, emerging market, European and US equity market index funds.
Northern Trust will support Nedgroup Investments with its new fixed income platform through its Integrated Trading Solutions (ITS) offering.
The custodian will assume the trading function across the wealth management firm’s internally managed funds with approximately £6.1 billion in assets under management.