Northern Trust Expands U.S. Fund Servicing Capabilities with ETF Platform Launch
Northern Trust launched a U.S. ETF servicing platform to support asset managers, marking an expansion of its fund servicing capabilities into the exchange-traded fund space. The firm announced that Harding Loevner has appointed it to provide ETF servicing for its first U.S. ETF, the International Developed Markets Select Equity ETF (LOEV).
Key figures
- Assets under custody
- US$20.0 trillion
- Assets under management
- US$2.0 trillion
- Client relationship years
- 15
AI analysis
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