Hedge Funds

Northern Trust capitalises on growth in Asian asset servicing space


Northern Trust, one of the largest hedge funds and fund of funds administrators globally with $86 billion under administration, is strengthening its Asia franchise by capitalising on the emerging opportunities in the region’s asset servicing space post-Madoff and the recent financial crisis.

Madhu Gayer

The firm, which has large institutional investors such as sovereign wealth funds, state boards, pension funds, central banks, insurance companies as its key clients, will continue that focus but is also starting to see large asset managers, often with hedge fund operations, in Asia emerge as big clients.

“We’re seeing the classic