Hermes Investment Management has selected Northern Trust for its middle office outsourcing, extending the relationship by five years.
Based in London, Hermes Investment Management provides active investment strategies and stewardship services to institutional and wholesale clients globally.
Clive Bellows, head of global fund services for Europe, the Middle East and Africa (EMEA) at Northern Trust, said: “We work closely with our clients to deliver solutions that support their specific and evolving requirements and our middle office outsourcing solutions are just one example of how we help take away the administrative burden from our clients so they can focus on their core business.”
Ian Kennedy, chief operating officer, Hermes Investment Management, added: “After an extensive review we have renewed our relationship with Northern Trust. It is imperative that we partner with a provider who can meet the demands of our business, and look forward to continuing to collaborate with them.”
