Role Supports Northern Trust’s Growing Global Fund Servicing Business
in Asia
Company Website:
https://www.northerntrust.com/
LONDON -- (Business Wire)
Northern Trust (Nasdaq:NTRS) announced today that it has appointed Caroline
Higgins as head of its Global Fund Services business in Asia.
From her Hong Kong base, Higgins will focus on bringing Northern
Trust’s range of tailored fund servicing solutions to Asia-based
investment manager clients, expanding its range of region specific
products and capabilities. Additionally, she will focus on bringing
expertise and solutions to help Northern Trust’s existing clients
distributing their products in Asia, and looking for local time zone
support.
“Asia-Pacific is the fastest growing region for Northern Trust and we
see increasing opportunity to expand our fund servicing business in
Asia,” said William Mak, head of Northern Trust in Asia-Pacific. “We are
pleased to appoint Caroline to spearhead our focus on expanding our
global fund services business here. Her experience working with global
clients will be valuable as we continue to grow our capabilities and
geographical reach across Asia-Pacific.”
Higgins joins Northern Trust from Brown Brother Harriman (BBH),
in Hong Kong where she was head of transfer agency for Asia. During her
career, Higgins has worked in Ireland, Australia and Hong Kong and has
25 years of experience working in the fund servicing industry.
“We see an increasing demand from our clients in Asia for tailored fund
servicing solutions that support their unique requirements,” said Peter
Jordan, head of Global Fund Services, Asia-Pacific. “Appointing Caroline
to focus on Asia and our cross border business underlines our commitment
to continuing to support our clients with fund administration solutions
that meet their unique and regionally-specific requirements.”
Northern Trust Global Fund Services provides custody, fund
administration and investment operations outsourcing solutions to
investment managers across the globe and across the spectrum of asset
classes. It has supported a range of complex investment strategies on
behalf of investment management clients for more than 30 years.
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 offices in the United States in
19 states and Washington, D.C., and 22 international locations in
Canada, Europe, the Middle East and the Asia-Pacific region. As of
September 30, 2016 Northern Trust had assets under custody of US$6.7
trillion, and assets under management of US$946 billion. For more than
125 years, Northern Trust has earned distinction as an industry leader
for exceptional service, financial expertise, integrity and innovation.
Visit northerntrust.com or follow us on Twitter @NorthernTrust.
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/disclosures.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161025005860/en/
Contacts:
Northern Trust
Europe, Middle East, Africa & Asia-Pacific
Contact:
Camilla Greene
+44 (0) 207 982 2176
Camilla_Greene@ntrs.com
or
US
& Canada Contact:
Tim Hacker
+1 312 557 6090
Tim_Hacker@ntrs.com
Source: Northern Trust
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