Ottawa-based Nunavut Trust (the “Trust”) has selected Northern Trust to serve as global custodian for its C$1.6 billion in assets. Northern Trust will also provide cash management, securities lending, ex-ante predictive risk analytics, foreign exchange, class action processing, and alternative asset accounting services to the Trust.
U.S. Dollar: Is Strength a Weakness? The U.S. dollar has seen strong upward moves in the past 9 months. What would continued dollar strength mean for economic growth, earnings and asset class performance?
Smaller managers often lack the human capital or infrastructure to keep pace with regulatory demands or business expansion initiatives. Dan Houlihan, senior VP of Global Fund Services, shares his insights.