How Investors May Respond To Northern Trust (NTRS) Winning First Sentier’s US$14 Billion Fund Mandate

Northern Trust Corporation recently announced that it expanded its long‑standing relationship with First Sentier Group by being appointed fund administrator and depositary for the First Sentier Investors Global Umbrella Fund Plc in Ireland, providing custody, depositary, fund accounting and transfer agency services for the approximately US$14.00 billion structure. This mandate, together with Northern Trust’s earlier appointment to administer First Sentier’s Singapore Global Growth Funds,...