The move is the latest effort by custodians to expand into the front-office; however, Northern Trust is the first to take on certain trading activities for asset managers.
Tag: Northern Trust
Northern Trust is currently providing accounting services for select clients that have a small portion of their assets in cryptocurrencies.
Glenn Poulter has formerly been head of European cash equities and Citi and CEO for equities at ICAP.
Liquidity challenges and impending variation margin rules leads to cash dilemma for pension funds.
Northern Trust to produce reports for investors on using corporate actions to enhance fund performance.