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Strong performance in annual Global Custodian survey
Global Custodian magazine’s 18th annual global custody survey recognized Northern Trust’s commitment to delivering exceptional client servicing with high ratings achieved across both institutional investors and fund managers.
In particular Northern Trust was ‘Top-Rated’ in the Asia market as well as being either ‘Commended' or ‘Top-Rated’ in every category covered.
Securities outsourcing award
Northern Trust’s expertise in investment operations outsourcing has been recognized by winning an award in the ‘Securities Outsourcing’ category at the ‘Leaders in Innovation’ awards recently held by Financial-I magazine.
New fund services mandate from Diversified Credit Investments LLC
Northern Trust has been appointed by the Diversified Credit Investments (DCI) family of funds to provide a range of fund services, including trade processing, derivatives maintenance, collateral management and fund administration, as well as custody for approximately US$2.8 billion in fixed income funds.
New mandate for FF&P Asset Management
FF&P Asset Management, part of the Fleming Family & Partners Group, has appointed Northern Trust to provide custody and fund administration services – including fund accounting and transfer agency – for approximately GBP£1 billion in assets.
Named global custodian for University of San Diego
The University of San Diego has named Northern Trust as global custodian of its foundation fund. Services provided will include consolidated reporting and accounting for a range of assets invested worldwide.
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