Cameron Hume, a newly established investment management company based in Edinburgh, has appointed Northern Trust to provide full investment operations outsourcing for its assets under management for institutional clients.
In addition to providing investment operations services such as trade matching and collateral management to Cameron Hume, which specializes in fixed income investment management, Northern Trust will also provide performance and daily risk management solutions.
“We appointed Northern Trust based on their proven expertise and experience in supporting investment managers,” says Christian Torkington, director at Cameron Hume. “From the outset, Northern Trust demonstrated a flexible transition approach, tailoring a business model that supported our risk and performance requirements and offered us the appropriate levels of transparency and control.”
“We are delighted to be appointed by Cameron Hume and look forward to working closely with them in the future,” said Laurence Everitt, head of Global Fund Services, U.K., at Northern Trust. “Particularly in an environment of increasingly regulatory and economic challenges we see a growing demand from asset managers for outsourcing solutions which can help reduce the administrative burden of asset management.”
Scottish Investment Management Company Outsources to Northern Trust
Cameron Hume, a newly established investment management company based in Edinburgh, has appointed Northern Trust to provide full investment operations outsourcing for its assets under management for institutional clients.