Omba Investments ICAV has appointed Northern Trust to provide global custody, depositary and associated services for its new Ireland-domiciled UCITS umbrella fund. The planned USD100m fund will be launched with two new UCITS funds, the Omba Global Thematic Fund and Omba Global Equity Fund. Omba Advisory & Investments is a UK-based manager serving family offices, high net worth and retail investors.
After Central Bank of Ireland merger approval, the umbrella will also incorporate the existing Omba Moderate Risk Global Allocation Fund. This is currently a sub-fund on the Prescient Global Funds ICAV multi-manager platform, for which Northern Trust also provides custody and depositary services. Omba is supported by Prescient Fund Services (Ireland) Limited as its ICAV ManCo.