Category: NTRS

South Yorkshire Pensions Authority, a UK local authority with GBP11bn (USD13.5bn) AuM, has appointed Northern Trust as custodian for the South Yorkshire Pension Fund. A factor in this decision was Northern Trust’s existing relationship with the Border to Coast Pensions Partnership.

Northern Trust has appointed Melanie Pickett as head of asset servicing, Americas, leading its business serving institutional, corporate and asset manager clients in the region. Pickett, who has been head of asset owners Americas since 2022, will continue to oversee product and service delivery to asset owner clients, including pensions, foundations, endowments, insurance companies and…

Northern Trust has signed a three-year memorandum of understanding with the National University of Singapore to drive innovation in green finance and promote the adoption of green finance frameworks and blockchain technology. A centerpiece of the partnership is a tokenisation initiative leveraging Northern Trust’s Matrix Zenith platform, aimed at bringing the green credentials of bonds…

Northern Trust has expanded its relationship with First Sentier Investors, an Australia-based asset manager with more than USD157bn AuM. Under the terms of the new mandate, Northern Trust will integrate a range of front-to-back solutions for the manager’s public market fund business in Australia, Ireland, Singapore and the United Kingdom. Services provided include custody, depositary/trustee…

Avanza Fonder, a Stockholm-based fund company providing services for private clients, has appointed Northern Trust to provide its Integrated Trading Solutions (ITS) outsourced trading desk services. Avanza Fonder is a wholly owned subsidiary of Avanza Bank Holding. The fund company manages funds in-house and in collaboration with other managers. Northern Trust will provide outsourced trading…