Sanlam Asset Management (Ireland) Limited (SAMI) has appointed Northern Trust to provide fund administration, transfer agency, custody, depositary and FX services. SAMI is an investment management platform managing funds domiciled in Ireland valued at USD8.7bn. It is part of the Sanlam financial services group headquartered in South Africa. Northern Trust is now the sole provider of asset servicing solutions for these funds. The appointment builds upon an existing relationship between Sanlam Investments UK and Northern Trust as a client of its Integrated Trading Solutions outsourced trading desk.
