Tag: front-to-back

State Street has highlighted its upcoming execution priorities, the formation of a new pricing committee, and how it will expand its asset servicing business.

Northern Trust will act as the sole broker for AD Global Investors, assisting with its fixed income execution as well as providing custody, fund admin and FX services. 

A number of custodians and fund administrators have targeted the front-office as a new growth opportunity and expand from its traditional back-office services model.

The move is the latest effort by custodians to expand into the front-office; however, Northern Trust is the first to take on certain trading activities for asset managers.