Northern Trust onboards three European insurance clients to asset servicing platform
Among its new clients include Hannover RE, one of the world’s largest reinsurance firms, where it will provide global custody and collateral management services.
Tag: Northern Trust
UK pension schemes losing £250m a year on less tax-efficient fund structures
A new study has showed a total £56 billion was invested in less tax-efficient funds by UK pension schemes in 2019.
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Custodians and outsourcing providers answer the call when asset managers and owners need them most.
Northern Trust appointed asset servicer by $2 billion Carpenters Trusts
The pension fund said it selected Northern Trust for global custody and asset servicing based on the bank’s client service and technology.
Asset managers increasing outsourcing options with custodians
The survey of 300 global asset managers found 85% have outsourced or are interested in outsourcing their trading desk.
Northern Trust wins global custody mandate for Dubai-based asset manager
Northern Trust will also support Sancta Capital’s trading programme through its outsourced agency-only brokerage service.
Northern Trust launches new distribution product for asset managers
Datum One Series Trust follows the custodian’s Advisers Investment Trust, launched in 2011, has grown to approximately $18 billion.
Northern Trust appointed global custodian for Canadian pension and foundation assets
Northern Trust has been appointed the global custodian for the University of Victoria (UVic) to service its CAD$ 2 billion of pension and foundation assets.
Custody
Northern Trust signs alliance with BlackRock as part of a new ‘whole office’ strategy
Chicago-headquartered custodian has created a service to cover all points of the investment lifecycle with landmark BlackRock partnership becoming a key component of the plan.
Northern Trust rolls out machine learning tech for FX management solutions
The new solution designed in partnership with Lumint will enable greater oversight of thoughts of daily data points in the currency management lifecycle.