Ottawa-based Nunavut Trust (the “Trust”) has selected Northern Trust to serve as global custodian for its C$1.6 billion in assets. Northern Trust will also provide cash management, securities lending, ex-ante predictive risk analytics, foreign exchange, class action processing, and alternative asset accounting services to the Trust.
The roundtable including Northern Trust, GLOBAL Reinsurance Corporation of America, Knights of Columbus and moderated by Strategic Asset Alliance examines the benefits and pitfalls of the overarching trend for outsourcing infrastructure and investment processes.
Universe data represents about 300 large institutional investment plans, with a combined asset value of approximately $899 billion, which subscribe to Northern Trust performance measurement services. For more information, please contact your Northern Trust relationship manager.
Smaller managers often lack the human capital or infrastructure to keep pace with regulatory demands or business expansion initiatives. Dan Houlihan, senior VP of Global Fund Services, shares his insights.
As defined contribution plans continue to gain popularity over defined benefit plans, plan sponsors seek ways to achieve the most cost efficient programs that offer transparency, customization and improved governance. In this webinar, Northern Trust highlights industry trends and the benefits of unbundled programs plan sponsors may want to consider to customize their plan structures and gain efficiencies within their plans.