Northern Trust expands relationship with First Sentier Group to support Irish fund structure

Northern Trust Corporation (Nasdaq: NTRS) has expanded its partnership with First Sentier Group to support an Irish fund structure, further broadening the scope of services provided by the firm in the asset servicing sector. While the specific details of the Irish fund structure have not been disclosed, this move builds on the firms’ long-standing global relationship, which began in 2006 and has since evolved to include a range of services across multiple regions.

Northern Trust provides a comprehensive suite of asset servicing solutions, including fund administration, global custody, investment operations outsourcing, and data solutions, supporting complex investment strategies across asset classes. The firm’s Global Fund Services division has been instrumental in supporting First Sentier Group’s U.S. mutual fund strategy, with the transition of two U.S. mutual funds onto Northern Trust’s Datum One Series Trust.

This expansion reflects Northern Trust’s continued commitment to enhancing its global servicing capabilities and aligning with the evolving needs of its clients. For First Sentier Group, the partnership supports the simplification of its global operating model and the delivery of consistent, scalable, resilient services across its fund offerings.