23JUL19: Northern Trust has been appointed by Hermes Investment Management to provide currency management services for its Irish fund range.
Ian Kennedy, COO, Hermes Investment Management, said: “Northern Trust have been able to automate our sophisticated currency management investment process and deliver comprehensive reporting and analytics for us. This has increased operational efficiency and enhanced oversight across our substantive Irish fund range. All of our currency management requirements have been seamlessly integrated with Northern Trust’s investment operations outsourcing services to provide a comprehensive solution, allowing us to continue to focus on generating value for our investors.”