Northern Trust has been appointed to provide asset servicing solutions to Igneo Infrastructure Partners as its global private capital administration partner. Igneo manages USD20bn of assets. It is the direct infrastructure investment team of the First Sentier Investors Group, a major Northern Trust client. Northern Trust will deliver solutions servicing Igneo’s funds domiciled in Australia,…
Category: NTRS
Platinum goes to NTRS
Northern Trust has been appointed by Sydney-based Platinum Asset Management to provide comprehensive asset servicing solutions across its Australian funds. Platinum Asset Management focuses on global equities and has approximately AUD11bn (USD6.8bn) AuM. Under the terms of the new mandate, Northern Trust will provide custody, fund administration, regulatory reporting, investment operations outsourcing, ETF administration and…
NT participates in green bond project
The National University of Singapore, Northern Trust and UOB have collaborated on the launch of a first-in-market initiative aimed at tokenising green bond credentials. NUS is the first university in Singapore to implement blockchain technology for ESG reporting. The tokenisation process will focus on ensuring data integrity, providing investors with confidence that the environmental impact…
NT hires for Guernsey
Northern Trust has appointed Nick Leale as MD for its banking operations in Guernsey. He was previously an independent consultant.
NT wins another UK pension fund
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.
NT promotes Pickett
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…
NTRS hires from HSBC
Northern Trust has hired Alistair Bentivoglio as global head of enterprise change management, based in the UK. He was previously at HSBC.
NTRS appoints MEA head
Northern Trust has named Kashif Khalid as head of MEA. He joins from SimCorp, where he was managing director of MEA.
NTRS partners with NUS
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…
First Sentier expands with NTRS
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…