Northern Trust is making some senior management changes across its asset servicing business. James Wright, who joined in 2016 from J.P. Morgan, is promoted to head the institutional investors group across EMEA, based in the UK. In the U.S., Peter Sanchez, who has run the hedge fund services business in North America since 2011, is moving to a new senior role within the corporate & institutional services business. He will not be directly replaced, with Jeff Boyd, head of hedge fund services in North America, and Kimberly Evans, head of private capital fund administration in North America, reporting directly to Dan Houlihan, head of the Americas for asset servicing.