Northern Trust has been appointed by Invesco to provide administration, custody and depositary services for its new Ireland-domiciled index tracking mutual fund range, Invesco Markets V ICAV. The new fund range is designed to make Invesco’s swap-based (synthetic) approach to index replication available to mutual fund investors in Europe via investment platforms and other institutional channels. This replication model has previously been provided solely across Invesco’s ETFs. The mandate extends Northern Trust’s relationship with Invesco, building on its long-standing support of the firm’s synthetic ETF platform, Invesco Markets Plc, and administration services provided for its digital assets platform, Invesco Digital Markets Plc.
