“Q4 median plan return ranked as the second best over the past 10 years, trailing only 2020’s second-quarter return,” observes Mark Bovier, regional head of investment risk and analytical services at Northern Trust
Lionel De Nicola, an executive director of Solve, says: “We are very excited to join TSSAG, a network of organisations and individuals who have similar and complementary service offerings to the financial service industry, in a global context"
The appointment follows a year of strong growth for the independent provider of management company, UCITS and AIFMD platform and fund administration services
It was revealed that during Q4 2020, global equity markets generated positive returns as investors welcomed the relief of further fiscal stimulus and the long-awaited approval of vaccines
Northern Trust’s total assets under custody/administration totalled $14.5 trillion for Q4 2020 marking a 21 per cent year-on-year increase from its Q4 2019 results
Lawrence Au is an independent consultant based and offers consulting services on securities services, custody, fund administration, pension funds and fiduciary services
Northern Trust has been selected by Strategic Global Advisors to provide middle office outsourcing and outsourced foreign exchange dealing through its complete FX service
Northern Trust has renewed a three-year collaboration between its global family and private investment offices group and the Wharton Global Family Alliance