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Fund services news

Northern Trust broadens fund services relationship


18 September 2025 Australia, US
Reporter: Tahlia Kraefft

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Image: Northern Trust
Northern Trust is expanding its relationship with Brandes Investment Partners, to back the setup of the Brandes Global Value Fund in Australia, with international custody and fund administration servicing.

The Brandes Global Value Fund is an Australian Unit Trust that Australian institutional and wholesale investors can access.

Brandes, is a California-based investment advisory firm that focuses on global equity and fixed-income assets for clients internationally.

It has been a Northern Trust client since 1992.

The relationship between Northern Trust and Brandes covers services including: global custody, fund accounting and administration, transfer agency, foreign exchange, securities lending and equity data science (EDS) capability for Brandes’ mutual and institutional funds in the US.

Ryan Burns, head of global fund services, Americas, Northern Trust, says: “The expansion reflects the strength of our longstanding relationship with Brandes and our ability to support their evolving global strategy.

“From integrating their US mutual funds into our Datum One Series Trust to supporting their entry into the APAC market with the launch of an Australian Unit Trust, we’re proud to deliver scalable high-touch solutions that help Brandes grow with confidence in their distribution efforts across the globe.”

Northern Trust’s Global Fund Service encompasses asset servicing solutions such as fund administration, global custody, investment operations outsourcing and data solutions.
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