Northern Trust optimistic of strong growth in Asia

Thu Jun 23, 2011

Read more:

Peter Cherecwich
All indications point to a continued growth of the hedge fund industry, and Northern Trust is bullish on the prospect of growing its hedge fund administration franchise in the Asia region following the acquisition of Omnium, the spin-off fund administration platform from hedge fund group Citadel. The acquisition is expected to be completed this July.

Peter Cherecwich, the head of Global Fund Services at Northern Trust, says the acquisition will result in a rapid growth of assets under administration.

Omnium already has $80 billion...

ISSN: 2151-1845 / CDC10004H

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates

Popular Searches on HFI