Northern Trust expands Asia fund services team 26 October 2016Hong Kong Reporter: Stephanie Palmer
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Northern Trust has appointed Caroline Higgins as head of its global fund services business in Asia.
In her new role, Higgins will support Northern Trust’s fund servicing business in Asia, bringing a range of solutions to investment managers based in the region.
Continuing to be based in Hong Kong, she will work on expanding the rage of Asia-specific solutions, help clients in distributing their products in the region, and offer local time-zone support.
Higgins joins from Brown Brothers Harriman in Hong Kong, where she was head of transfer agency for Asia. She has 25 years of experience in the fund services industry, and has previously worked in Ireland and Australia.
William Mak, head of Northern Trust in the Asia Pacific (APAC) region, said: “APAC is the fastest growing region for Northern Trust and we see increasing opportunity to expand our fund servicing business in Asia.”
Peter Jordan, head of the global fund services business in APAC, said: “We see an increasing demand from our clients in Asia for tailored fund servicing solutions that support their unique requirements.”
He added: “Appointing Caroline Higgins to focus on Asia and our cross-border business underlines our commitment to continuing to support our clients with fund administration solutions that meet their unique and regionally-specific requirements.”
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