The $35 billion super fund decided to defer the move from a ‘risk management perspective’, given the extreme market volatility caused by the COVID-19 virus.
Tag: Northern Trust
The Chicago-based global custodian said it had recorded growth across 20 marquee pension fund client types.
Experienced alternatives business development executive joins Northern Trust in Luxembourg.
The mandate suggests larger-sized asset owners and asset managers now see outsourced trading as a viable solution for their investment operations.
Syndicated loans have emerged as a key asset class for Northern Trust's institutional investor and family offices clients.
Northern Trust is in the midst of a multi-year strategy of digitising its asset servicing business, with the aim to increase profitability and scale.
The mandate will include global custody and fund administration services for Storebrand's AIF and UCITS Luxembourg-domiciled funds.
Northern Trust will use technology provided by AcadiaSoft for an outsourced collateral optimisation solution.
Depositary industry faces mounting speculation that it could face increased regulatory scrutiny as a result of the Woodford episode.