Northern Trust’s investment operations outsourcing business, within the global fund services (GFS) unit, offers a full range of middle and back office services tailored to the individual needs and requirements of each investment manager.
Lewis Sanders, CEO of Sanders Capital, said: Northern Trust’s expertise in middle-office outsourcing and successful history of supporting asset growth and new product launches for investment managers make them an ideal partner for our firm. In addition to technology and operations strength, Northern Trust brings a commitment to best practices, compliance and governance standards that is critical to our foundation as an investment manager.
Peter Cherecwich, COO of corporate and institutional services at Northern Trust, said: We are pleased to work with Sanders Capital, an institutional manager with a value orientation and a strong client-centric philosophy. By outsourcing investment operations and fund administration services, Sanders Capital can focus resources on its core mission of producing superior investment results for clients.
Chicago-based Northern Trust is a provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide.
