UK-based asset manager Artemis has selected Northern Trust as its provider of asset servicing solutions.
Artemis offers a range of funds that invest in the UK, Europe and the US. It provides investment management services for both retail and institutional investors.
As part of the mandate, Northern Trust will provide fund administration, depositary, global custody and transfer agency services for Artemis’ Luxembourg and UK-domiciled fund ranges.
Lesley Cairney, chief operating officer at Artemis, says: “As the platform on which our day-to-day business is managed, our choice of asset servicing partner is absolutely pivotal in supporting Artemis’ objectives of delivering outstanding returns and service for our clients.
“Reasons for Northern Trust’s appointment include the strong, client-focused cultural alignment between our two organisations, its leading-edge technology platform and ability to support our evolving data and digital requirements – both now and into the future.”
Toby Glaysher, president of global fund services at Northern Trust, comments: “Northern Trust’s investment in technology, global scale and experience of supporting sophisticated global asset managers allows us to help Artemis to simplify its operating model, while driving efficiencies and opportunities for collaboration across front-to-back-office functions as its single service provider.”
