Northern Trust has been selected by Marks & Spencer Pension Trust (M&SPT) in the UK to provide a range of asset servicing solutions to the M&S Pension Scheme, a defined benefit pension scheme of which M&SPT is trustee. With GBP11bn of assets (USD14.3bn), the M&S Pension Scheme is one of the country’s 25 largest corporate pension schemes. Northern Trust will provide global custody, financial reporting and analytical services to support M&SPT’s oversight and administration of its investment strategy, across its range of traditional, insurance and alternative investments. These solutions include specialist fund administration and analytics for M&SPT’s private market portfolio, as well as ESG risk analytics through Northern Trust’s ESG Insights service.
