NT takes biscuit

Northern Trust has won a custody mandate for the £90m (e141m) portfolio to be managed by Capital International for the £900m United Biscuits Pension Fund. The bank will provide custody accounting and foreign exchange services. Consultants Bacon & Woodrow acted as advisers to the fund.
Separately, the bank has appointed Jussi Louekoski as a new business development officer for the Nordic countries. He will be based in London, having worked previously from Deutsche Bank and JP Morgan Investment Management.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2503

    Asset class: Equities.
    Asset region: Emerging Markets.
    Size: EUR 30m.
    Closing date: 2019-01-31.

  • QN-2505

    Asset class: Real Estate Core/Core-Plus Multi-sector strategy.
    Asset region: Asia-Pacific.
    Size: $ 50m.
    Closing date: 2019-01-28.

Begin Your Search Here