Northern Trust aims to provide key services for Nest’s investment strategy, including custody, asset allocation and rebalancing, and performance measurement
Gary Paulin will focus on strengthening relationships with Northern Trust clients across Europe, Middle East, Africa and Asia Pacific, facilitating access to the bank’s asset servicing and asset management solutions
He replaces Clive Bellows, who was recently announced as president of the EMEA business, and reports to Toby Glaysher, president of global fund services
SAMI manages funds domiciled in Ireland valued at approximately US$8.7 billion, and is part of the Sanlam financial services group, headquartered in South Africa