29JUL19: Dubai-based asset manager Introspect Capital has appointed Northern Trust to provide global custody and brokerage services. Founded in 2017, Introspect Capital invests primarily in equities across the Middle East, North Africa and South Asia.
Category: NTRS
Northern Trust launches agency options trading desk
25JUL19: Northern Trust has established a dedicated options trading desk within its institutional brokerage business. The Chicago-based options desk provides institutional clients globally with options trading and streamlined reporting for prime brokerage. Options trading at Northern Trust is offered through an agency model with no principal trading operation. Northern Trust executes more than USD350bn notional…
Hermes appoints Northern Trust for FX management in Ireland
23JUL19: Northern Trust has been appointed by Hermes Investment Management to provide currency management services for its Irish fund range. Ian Kennedy, COO, Hermes Investment Management, said: “Northern Trust have been able to automate our sophisticated currency management investment process and deliver comprehensive reporting and analytics for us. This has increased operational efficiency and enhanced…
Pzena IM extends NTRS relationship to Ireland
22JUL19: Pzena Investment Management, a U.S.-based money manager with USD37.4bn AuM, has selected Northern Trust as fund administrator and global asset servicing provider for its Ireland-domiciled UCITS funds. The appointment extends Pzena’s existing relationship in the U.S. and Australia with Northern Trust.
Northern Trust hires Marisa Kurk as COO of Global FX business
17JUL19: Northern Trust has appointed Marisa Kurk as chief operating officer of the global foreign exchange business. Based in Chicago, Kurk will report to John Turney, head of GFX. Prior to joining Northern Trust, Kurk served as COO of Belvedere Trading, LLC and COO and senior managing director of currency management at Mesirow Financial.
Funds SA hands Northern Trust AUD34bn mandate
15JUL19: Funds SA, the superannuation fund owned by the Government of South Australia, has appointed Northern Trust for a AUD34bn (USD24bn) mandate to provide a master custody solution including asset servicing, investment administration and investment data services.