Northern Trust appointed by Invesco for its new mutual fund range
06 July 2026 US
Image: piter2121/stock.adobe.com
Northern Trust has been appointed by Invesco to provide administration, custody, and depositary services for its new Irish-domiciled index tracking mutual fund range, Invesco Markets V ICAV.
The new fund range is designed to make Invesco’s swap-based (synthetic) approach to index replication available to mutual fund investors in Europe via investment platforms and other institutional channels.
This replication model has previously been provided solely across Invesco’s ETFs.
The mandate further extends Northern Trust’s relationship with Invesco, building on its long-standing support of the firm’s synthetic ETF platform, Invesco Markets Plc, and administration services provided for its digital assets platform, Invesco Digital Markets.
Melíosa O’Caoimh, country head, Ireland, at Northern Trust, says: “This appointment reflects the strength of our long-standing collaboration with Invesco and our ability to support its evolving product structures.
“For this new range, we have delivered a scalable end-to-end solution — an operating model that integrates with Invesco’s mutual fund investor servicing infrastructure while establishing connectivity to a network of investor platforms — closely supporting its distribution plans and growth strategy.”
Gary Buxton, head of Product, EMEA at Invesco, adds: “As we continue to expand our product offering to meet evolving investor requirements, we want to work with service providers able to support innovative structures at scale.
“Northern Trust’s experience supporting the evolution and growth of our platform, coupled with its track record of consistent service quality, were key to its selection as asset servicing provider for Invesco Markets V ICAV.”
The new fund range is designed to make Invesco’s swap-based (synthetic) approach to index replication available to mutual fund investors in Europe via investment platforms and other institutional channels.
This replication model has previously been provided solely across Invesco’s ETFs.
The mandate further extends Northern Trust’s relationship with Invesco, building on its long-standing support of the firm’s synthetic ETF platform, Invesco Markets Plc, and administration services provided for its digital assets platform, Invesco Digital Markets.
Melíosa O’Caoimh, country head, Ireland, at Northern Trust, says: “This appointment reflects the strength of our long-standing collaboration with Invesco and our ability to support its evolving product structures.
“For this new range, we have delivered a scalable end-to-end solution — an operating model that integrates with Invesco’s mutual fund investor servicing infrastructure while establishing connectivity to a network of investor platforms — closely supporting its distribution plans and growth strategy.”
Gary Buxton, head of Product, EMEA at Invesco, adds: “As we continue to expand our product offering to meet evolving investor requirements, we want to work with service providers able to support innovative structures at scale.
“Northern Trust’s experience supporting the evolution and growth of our platform, coupled with its track record of consistent service quality, were key to its selection as asset servicing provider for Invesco Markets V ICAV.”
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