NORTHERN TRUST HIRES HEAD OF GLOBAL FUND SERVICES FOR ASIA

Role Supports Northern Trust’s Growing Global Fund Servicing Business in Asia

LONDON, Oct 26 (Bernama-BUSINESS WIRE) -- Northern Trust (Nasdaq:NTRS) announced today that it has appointed Caroline Higgins as head of its Global Fund Services business in Asia. From her Hong Kong base, Higgins will focus on bringing Northern Trust’s range of tailored fund servicing solutions to Asia-based investment manager clients, expanding its range of region specific products and capabilities. Additionally, she will focus on bringing expertise and solutions to help Northern Trust’s existing clients distributing their products in Asia, and looking for local time zone support. “Asia-Pacific is the fastest growing region for Northern Trust and we see increasing opportunity to expand our fund servicing business in Asia,” said William Mak, head of Northern Trust in Asia-Pacific. “We are pleased to appoint Caroline to spearhead our focus on expanding our global fund services business here. Her experience working with global clients will be valuable as we continue to grow our capabilities and geographical reach across Asia-Pacific.”

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