Northern Trust

NZ Super doubles down in local private markets

Shortly after David Neal was appointed as the inaugural CIO of the Future Fund, the guardians approved the appointment of global custodian Northern Trust as its asset servicing partner. No big deal, you’d think. Well, welcome to the world of

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Asset servicing a bright spot for Northern Trust

Custody and asset servicing outshone asset and wealth management profitability at Northern Trust globally in the December quarter, as interest income slumped 20 per cent and charges from a 500-person jobs cut program hit home. In an earnings call with

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Westpac follows ANZ with Northern Trust mandate

Northern Trust has won another passive global equities gig with a bank-owned KiwiSaver fund following a mandate reshuffle at the Westpac scheme in New Zealand. Australia’s Ninety One was also a winner in the reshuffle. Along with several other changes,

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How technology is pushing asset servicers to the fore

The job of global custodians is about to get a lot more important as the spread of new technologies takes hold throughout the investment world. A recent paper by Northern Trust’s asset servicing arm ‘reimagines’ the investment world in 2030,

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