Canada Life Asset Management appoints Northern Trust
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Canada Life Asset Management appoints Northern Trust 25 June 2024UK Reporter: Jack McRae
Image: stock.adobe.com/Lubo Ivanko
Canada Life Asset Management (CLAM) has appointed Northern Trust to provide asset servicing solutions.
These solutions include middle office outsourcing, global custody, securities lending, fund administration, and depositary services.
Laurence Everitt, head of Global Fund Services, UK at Northern Trust, says: “We are delighted to be supporting CLAM’s range of investments — including its focus on operating model efficiency and data quality — as its strategic asset servicing provider.”
CLAM is part of Canada Life, which provides insurance and wealth management products and services in Canada, the UK, Isle of Man and Germany.
Mark Giancola, chief operating officer for Asset Management at CLAM adds: “We selected Northern Trust because of their capability to support our diverse range of investments, deliver the high-quality data on which we manage our business and integrate seamlessly with our order management system of choice.”
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Image: stock.adobe.com/Lubo Ivanko 