Nedgroup Selects Northern Trust for Outsourced Trading Solutions to Support New Fixed Income Platform
2024年8月20日 - 6:30PM
ビジネスワイヤ(英語)
Northern Trust (Nasdaq: NTRS) today announced that it has been
selected to provide outsourced trading via its Integrated Trading
Solutions (ITS) for Nedgroup Investments, a global asset management
firm with more than US$20 billion AUM.
Nedgroup Investments, a division of Nedbank Group Ltd, is an
investment-led business dedicated to finding exceptional fund
managers and providing the right conditions for them to perform.
Northern Trust will be supporting Nedgroup Investments’ new
in-house multi-boutique platform which specializes in fixed income.
The premier fund on the platform, Nedgroup Investments’ Global
Strategic Bond Fund, will feature a range of active fixed income
strategies.
“While equity outsourcing has long been popular with managers,
outsourcing the fixed income trading desk has been less common,”
said Amy Thorne, Head of Integrated Trading Solutions, Europe,
Middle East, and Africa (EMEA). “Recently, we’ve seen this
perception shift, with a 144% growth in trade flow activity coming
across our fixed income desk in 2023. Nedgroup selected Northern
Trust due to the flexibility of our ITS solution which is able to
scale seamlessly with the fund’s growth, as well as our broad
access to liquidity networks and our bench of expert traders.”
“It's difficult to over-estimate the importance of access to
market liquidity in bond fund management,” said David Roberts, Head
of Fixed Income, Nedgroup Investments. “Utilising the services of
Northern Trust and their wide and varied liquidity pools affords
Nedgroup the ability to put our theory into practice, essential
when being nimble is a key component of our process.”
Northern Trust’s outsourced trading capability combines
worldwide agency-only trading expertise in equities, fixed income
and exchange traded derivatives across global markets, coverage
from multiple trading locations, access to high-quality liquidity
and a fully integrated middle and back-office service. ITS helps
asset owners and asset managers to meaningfully lower costs, reduce
risk, manage regulatory compliance, and enhance transparency and
operational efficiency.
ITS is offered through Institutional Brokerage, a part of
Northern Trust Banking & Markets which also provides foreign
exchange, securities lending and transition management
services.
About Northern Trust Banking & Markets
Northern Trust Banking & Markets is comprised of a number of
Northern Trust entities that provide trading and execution services
on behalf of institutional clients, including foreign exchange,
institutional brokerage, securities finance and transition
management services. Foreign exchange, securities finance and
transition management services are provided by The Northern Trust
Company (TNTC) globally, and Northern Trust Global Services SE
(NTGS SE) in the European Economic Area (EEA). Institutional
Brokerage services including ITS are provided by NTGS SE in the
EEA, Northern Trust Securities LLP (NTS LLP) in the rest of EMEA,
Northern Trust Securities Australia Pty Ltd (NTSA) in APAC and
Northern Trust Securities, Inc. (NTSI) in the United States, member
FINRA, SIPC and a subsidiary of Northern Trust Corporation.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider
of wealth management, asset servicing, asset management and banking
to corporations, institutions, affluent families and individuals.
Founded in Chicago in 1889, Northern Trust has a global presence
with offices in 24 U.S. states and Washington, D.C., and across 22
locations in Canada, Europe, the Middle East and the Asia-Pacific
region. As of June 30, 2024, Northern Trust had assets under
custody/administration of US$16.6 trillion, and assets under
management of US$1.5 trillion. For more than 130 years, Northern
Trust has earned distinction as an industry leader for exceptional
service, financial expertise, integrity and innovation. Visit us on
northerntrust.com. Follow us on X (formerly Twitter) @NorthernTrust
or Northern Trust Corporation on LinkedIn.
Northern Trust Corporation, Head Office: 50 South La Salle
Street, Chicago, Illinois 60603 U.S.A., incorporated with limited
liability in the U.S. Global legal and regulatory information can
be found at https://www.northerntrust.com/terms-and-conditions.
About Nedgroup
Nedgroup Investments is a global asset manager with over $20
billion AUM and a 20-year heritage. At Nedgroup Investments we
believe everyone should benefit from the difference that the best
boutiques bring. As an investment-led business, we are dedicated to
finding exceptional fund managers and providing the right
conditions for them to perform. We foster multi-decade
relationships to enable managers and teams to flourish over the
long-term offering our clients more choice, better access and
deeper alignment with their investments.
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version on businesswire.com: https://www.businesswire.com/news/home/20240820743025/en/
Europe, Middle East, Africa & Asia-Pacific: Camilla Greene
+44 (0) 20 7982 2176 Camilla_Greene@ntrs.com Simon Ansell + 44 (0)
20 7982 1016 Simon_Ansell@ntrs.com
US & Canada: John O’Connell +1 312 444 2388
John_O’Connell@ntrs.com
http://www.northerntrust.com
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