Cross-Border Pooling Services
Gain economies of scale from cross-border pooling. Benefit from greater levels of cost-efficiency and risk control, while drawing on our solutions for both tax -transparent and tax-opaque vehicles.
Scalable Solutions for a Range of Commingled Vehicles
Multinational institutions and investment managers work with Northern Trust daily to establish, operate and manage cross-border funds.
With support from a global team of experts across all functions, including tax, legal and operations, we offer:
- Solutions for vehicles domiciled in the United Kingdom, Ireland, Luxembourg and the Netherlands, including: the Authorised Contractual Scheme (ACS), Irish Variable Capital Company (VCC), Common Contractual Fund (CCF), Société d'investissement à capital variable (SICAV), Fonds commun de placement (FCP) and fonds voor gemene rekening (FGR)
- Support for multiple countries of investor, multiple countries of investment, multiple investment mandates and multiple investment managers per mandate
- Flexible systems and automated operational processes
Pooling for Fund Managers
Gain tax efficiencies and enhance performance through Northern Trust's pioneering , flexible cross-border asset pooling solutions. Choose a tax-transparent or tax-opaque vehicle that leverages Northern Trust's award-winning technology and operational advantages.
- Reduce numbers of transactions required across your investments and develop economies of scale spanning custody, administration and audit management
- Enhance the attractiveness of your fund through favorable tax treaty rates by minimising withholding tax friction
Pooling for Institutional Investors
Enhance governance and risk management by investing the assets of your pension plans around the world.
- Identify potential cost reductions through economies of scale in investment management, administration, custody and audit
- Experience greater efficiency in selecting and monitoring investment managers and investment strategies
Gain access to legal and tax asset pooling expertise from an experienced provider and industry innovator.
1Northern Trust industry firsts have included supporting the first multi-national tax-transparent pooling solutions in Ireland and Luxembourg and pioneering the first tax-transparent fund solution for the UK Local Government Pension Scheme.