Northern Trust to Provide Asset Servicing for True Potential’s £26bn in Assets
Northern Trust Corporation has been selected by True Potential, a UK-based wealth management firm, to provide asset servicing for approximately £26 billion (around US$33 billion) of assets under management. This collaboration, announced on January 17, 2024, will see Northern Trust delivering fund accounting, custody, depositary, and transfer agency services to True Potential’s UK-domiciled open-ended investment company fund range.
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