Northern Trust Expands Retail Unit Trust Capabilities in Singapore

SINGAPORE, Sept 9 (Bernama) -- Northern Trust (Nasdaq: NTRS) today announced the expansion of its Singapore unit trust offering through a relationship with Perpetual (Asia) Limited. Together, the firms provide investment managers with access to a comprehensive servicing solution for Singapore unit trust structures, combining Northern Trust’s custody, fund administration and middle-office outsourcing capabilities with Perpetual’s trustee services.

Perpetual (Asia) Limited is part of the Perpetual Group and is a well-established provider of trustee and fiduciary services for Singapore unit trusts, REITs, collective investment schemes and debt market structures.