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Article: Northern Trust Sees Growth in Hedge Fund Servicing.
- Article from:
- PR Newswire
- Article date:
- January 19, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO, Jan. 19 /PRNewswire-FirstCall/ -- Northern Trust hedge fund administration and operations services expanded significantly in 2006, with more than 50 funds added during the year by new and existing clients worldwide, including more than $1 billion in new assets for funds serviced out of its United States location.
Building on its reputation as a leading alternative fund administrator in Europe, Northern Trust now provides services to 54 managers and a total of 167 hedge funds worldwide, with assets of US$23 billion. Northern Trust offers full fund administration, custody and banking from locations in Chicago, Dublin, Guernsey, London, Luxembourg and ...