Northern Trust will assume the trading function across True Potential’s internally managed funds with approximately £6.1 billion assets under management
Northern Trust will service the £11.5 billion (US$14.6 billion) fund that provides retirement benefits for 189,000 employees and 300 employers across Lancashire, north-west England
State Street aims to provide a range of services to Brighter Super’s portfolios across multiple asset classes, including equities, fixed income, private assets and derivatives
The firms have entered into a prime brokerage services referral partnership, where clients will be offered multi-asset class custody and securities lending capabilities
Northern Trust aims to provide key services for Nest’s investment strategy, including custody, asset allocation and rebalancing, and performance measurement
