Tag: Northern Trust

Appointment expands role of strategic asset servicing support to institutional investors across region for industry veteran.

Fundsmith awarded Northern Trust a mandate to provide services for two newly launched US funds, while also transferring its Luxembourg-based funds to the bank's custody platform.

Northern Trust has undertaken a number of ambitious digitisation efforts through partnerships and internal projects to transform its asset servicing business.

The new client wins signify a growing acceptance among asset managers to use custodians for a range of front-office services.

A bounce in market valuations on the back of improved market returns and ongoing client confidence helped fuel the increase in AuC in Australia. 

The enhancement provides more granular insights into the factors that drive performance for clients with Middle East mandates.

Under the partnership, Standard Bank’s clients will gain access to Northern Trust’s full suite of transition management services.  

The deal will integrate EDS decision support tools with Northern Trust’s core technology platform, providing it with new data science capabilities.

The mandate follows the launch of its new Oslo-based office, its second in the Nordic region, where it will offer onshore depositary services to buy-side firms.

Deal builds on the custodian’s Whole Office proposition which it launched in 2020 following a similar agreement with BlackRock.