Nedgroup selects Northern Trust for outsourced trading solutions
20 August 2024 UK
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Nedgroup Investments, a global asset management firm, has selected Northern Trust to provide outsourced trading via its Integrated Trading Solutions (ITS).
Northern Trust will support the firm’s new in-house multi-boutique platform specialising in fixed income.
Nedgroup Investments Global Strategic Bond Fund, the premier fund on the platform, will feature a range of active fixed income strategies.
According to Northern Trust, ITS helps asset owners and asset managers lower costs, reduce risk, manage regulatory compliance, and enhance transparency and operational efficiency.
ITS is offered through Institutional Brokerage, a part of Northern Trust Banking & Markets which also provides foreign exchange, securities lending and transition management services.
Amy Thorne, head of integrated trading solutions for EMEA at Northern Trust, says: “While equity outsourcing has long been popular with managers, outsourcing the fixed income trading desk has been less common. Recently, we’ve seen this perception shift, with a 144 per cent growth in trade flow activity coming across our fixed income desk in 2023.
“Nedgroup selected Northern Trust due to the flexibility of our ITS which is able to scale with the fund’s growth, as well as our access to liquidity networks and our bench of expert traders.”
David Roberts, head of fixed income at Nedgroup Investments, adds: “It's difficult to overestimate the importance of access to market liquidity in bond fund management.
“Utilising the services of Northern Trust and their wide and varied liquidity pools affords Nedgroup the ability to put our theory into practice, essential when being nimble is a key component of our process.”
Northern Trust will support the firm’s new in-house multi-boutique platform specialising in fixed income.
Nedgroup Investments Global Strategic Bond Fund, the premier fund on the platform, will feature a range of active fixed income strategies.
According to Northern Trust, ITS helps asset owners and asset managers lower costs, reduce risk, manage regulatory compliance, and enhance transparency and operational efficiency.
ITS is offered through Institutional Brokerage, a part of Northern Trust Banking & Markets which also provides foreign exchange, securities lending and transition management services.
Amy Thorne, head of integrated trading solutions for EMEA at Northern Trust, says: “While equity outsourcing has long been popular with managers, outsourcing the fixed income trading desk has been less common. Recently, we’ve seen this perception shift, with a 144 per cent growth in trade flow activity coming across our fixed income desk in 2023.
“Nedgroup selected Northern Trust due to the flexibility of our ITS which is able to scale with the fund’s growth, as well as our access to liquidity networks and our bench of expert traders.”
David Roberts, head of fixed income at Nedgroup Investments, adds: “It's difficult to overestimate the importance of access to market liquidity in bond fund management.
“Utilising the services of Northern Trust and their wide and varied liquidity pools affords Nedgroup the ability to put our theory into practice, essential when being nimble is a key component of our process.”
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