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Northern Trust Expands Foreign Exchange Currency Management Services Footprint with Key New Mandates
Clients Focus on Managing FX Exposures Through Advanced Currency Hedging Solutions
Northern Trust (Nasdaq: NTRS) is experiencing strong demand for its Foreign Exchange (FX) currency management services with a number of significant new mandates over the past 12 months.
The appointments to provide a full suite of currency management services span newly onboarded clients including
Blackwall Capital Investment AG, Kieger AG and
TT International Asset Management Limited, in addition to significantly expanded services for existing clients including
AMX (
Rockefeller Asset Management.
John Turney, global head of Foreign Exchange at Northern Trust, said: A combination of rising operational costs, governance pressures and regulatory requirements are encouraging asset managers and asset owners to delegate their FX currency hedging to a specialist third ....

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