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.
A directed trust allows you to act as your own investment advisor, retain control over investment decisions for assets held in the trust, and allows you to name a third party to act as investment advisor or to direct distributions. Want to learn more? Watch the video now.
In a feature article in Barron’s Penta, Jeff Kauffman, President of Global Family & Private Investment Offices, shares his insights on the trends he’s seeing with ultra-high-net-worth clients, and the ways in which Northern Trust is rising to the challenge to meet those needs.
U.S. Dollar: Is Strength a Weakness? The U.S. dollar has seen strong upward moves in the past 9 months. What would continued dollar strength mean for economic growth, earnings and asset class performance?