True Potential has selected Northern Trust to provide outsourced trading via its Integrated Trading Solutions (ITS).
Northern Trust will assume the trading function across True Potential’s internally managed funds with approximately £6.1 billion assets under management (AUM).
Amy Thorne, head of ITS, EMEA at Northern Trust, says: “True Potential selected Northern Trust as their outsourced trading partner to leverage our extensive access to brokers, trading expertise and transparent commission model.”
Kevin Kidney, head of Asset Allocation at True Potential, comments: "Northern Trust’s outsourced trading operations provide a more attractive pricing model for our portfolios, which we believe can lower costs for our clients. This is important for us all as we continue to grow our investment solutions.
“The team at Northern Trust worked diligently to find the right solution and focused their approach on the best outcomes for our clients. We look forward to growing our relationship with them.”
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