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Industry ‘weathered the storm’ of COVID-19 better than in previous dislocations
24 July 2020 New York
Reporter: Rebecca Delaney

Northern Trust Alternative Fund Services and Hazeltree have partnered to publish a report investigating the impact of the ongoing COVID-19 pandemic on alternative asset managers

Northern Trust Canada sees strong equity performance in Q2
23 July 2020 Toronto
Reporter: Rebecca Delaney

Northern Trust Canada experienced a strong equity performance in Q2 2020 that allowed Canadian-defined benefit plans to recover most of their investment losses from the first few days of the COVID-19 pandemic

Northern Trust sees assets under custody increase for Q2
23 July 2020 Chicago
Reporter: Rebecca Delaney

Northern Trust has reported a 7 percent year-on-year growth in assets under custody and/or administration to $12.1 trillion, according to its Q2 2020 figures

Northern Trust expands insurance sector offering
10 July 2020 London
Reporter: Rebecca Delaney

Northern Trust has been awarded three new mandates from European insurers, expanding its asset servicing solutions across the reinsurance, motoring and medical sectors

Azimut selects Northern Trust as custodian for its DIFC fund range
08 July 2020 Abu Dhabi
Reporter: Becky Bellamy

Northern Trust has been selected by Azimut (DIFC) Limited to provide asset servicing and portfolio reporting for its Dubai International Financial Centre funds in the Middle East

Clive Bellows named chair of CIFD Advisory Committee
06 July 2020 London
Reporter: Maddie Saghir

Established in June 2015, the CIFD Institute is a global, not-for-profit community of investment fund directors offering specialist qualification in investment fund governance

UK DB pension schemes lose up to £250m a year
03 July 2020 London
Reporter: Maddie Saghir

The research suggested that the large losses are down to DB pension schemes investing via less tax-efficient fund structures than those available

DTCC expands custodian community ahead of CSDR
30 June 2020 London
Reporter: Rebecca Delaney

The global custodian community of the Depository Trust and Clearing Corporation has grown to 11 in preparation for the Central Securities Depositories Regulation

SEI adds to European senior sales team
30 June 2020 London
Reporter: Rebecca Delaney

SEI Investment Manager Services has appointed Jean White as global sales director, based in the firm’s London office

Carpenters Trusts selects Northern Trust for global custody
19 June 2020 Chicago
Reporter: Maddie Saghir

Northern Trust has been selected by Carpenters Trusts of Western Washington, a Seattle-based self-administered Taft-Hartley trust, to provide global custody, securities lending, foreign exchange and related services for $2.2 billion in trust assets

Northern Trust selected by Sancta Capital for global custody services
15 June 2020 Abu Dhabi
Reporter: Maddie Saghir

Northern Trust has been selected by Dubai-based asset manager Sancta Capital Advisors to provide brokerage and global custody services

Northern Trust Canada gains custody mandate from University of Victoria
05 June 2020 Toronto
Reporter: Maddie Saghir

Northern Trust Canada has been appointed by the University of Victoria to provide trustee, global custody, pension benefit payments and associated services