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.
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.
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.
The new solution designed in partnership with Lumint will enable greater oversight of thoughts of daily data points in the currency management lifecycle.
Modular Asset Management was spun out of US hedge fund giant Millennium Capital Management earlier this year.
New ESG capabilities to support institutional investors’ governance, risk management and regulatory reporting through analytics.
Custodians may be forced to delay implementing billions of assets onto their custody platform as clients look to minimise the risk of switching providers on their operations.
Northern Trust is rolling out new capabilities using RPA and cognitive AI within a framework called its ‘Fund Accounting Optimisation Lab’.
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.
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.