Northern Trust secures expanded Mandate with AMF Tjänstepension
14 January 2026 Sweden
Image: Pavel/stock.adobe.com
Northern Trust has announced that it has retained and expanded its mandate with Swedish pension provider AMF Tjänstepension (AMF).
Under the renewed agreement, Northern Trust, which has serviced AMF for more than 20 years, will continue to act as custodian for AMF’s global pension assets and add investment operations for trade services across AMF’s total portfolio, for both pension and fund company assets.
According to the firm, AMF has a focus on delivering secure and sustainable retirement outcomes, combining cost efficiency with long-term investment strategies for its members.
Petra Sjögerås, head of Nordic Region, Northern Trust, remarks: “As a long-standing partner to institutions in the Nordic region, Northern Trust brings extensive experience and a solutions-oriented mindset to proactively support our clients to achieve their goals now and in the future.
“This appointment reflects our commitment to innovation, transparency and excellence in asset servicing, and we look forward to deepening our relationship with AMF and continuing to support their evolving needs.”
Christoffer Axelsson, chief operating officer, AMF, adds: “Northern Trust’s proven expertise, robust infrastructure, and commitment to partnership were key factors in AMF’s decision. Its technology-enabled operating model is a clear differentiator.
“Northern Trust’s scalable global platform integrates advanced automation, data analytics, and digital tools to deliver real-time insights to help support our strategic goals. By adopting Northern Trust’s trade matching services across our entire portfolio, we are enhancing efficiency and oversight while preparing for shorter settlement cycles and evolving market structures.”
Under the renewed agreement, Northern Trust, which has serviced AMF for more than 20 years, will continue to act as custodian for AMF’s global pension assets and add investment operations for trade services across AMF’s total portfolio, for both pension and fund company assets.
According to the firm, AMF has a focus on delivering secure and sustainable retirement outcomes, combining cost efficiency with long-term investment strategies for its members.
Petra Sjögerås, head of Nordic Region, Northern Trust, remarks: “As a long-standing partner to institutions in the Nordic region, Northern Trust brings extensive experience and a solutions-oriented mindset to proactively support our clients to achieve their goals now and in the future.
“This appointment reflects our commitment to innovation, transparency and excellence in asset servicing, and we look forward to deepening our relationship with AMF and continuing to support their evolving needs.”
Christoffer Axelsson, chief operating officer, AMF, adds: “Northern Trust’s proven expertise, robust infrastructure, and commitment to partnership were key factors in AMF’s decision. Its technology-enabled operating model is a clear differentiator.
“Northern Trust’s scalable global platform integrates advanced automation, data analytics, and digital tools to deliver real-time insights to help support our strategic goals. By adopting Northern Trust’s trade matching services across our entire portfolio, we are enhancing efficiency and oversight while preparing for shorter settlement cycles and evolving market structures.”
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