Northern Trust has been appointed to provide a range of solutions for Artemis, a UK-based asset manager with >GBP24.3bn (USD30.1bn) AuM The deal sees Northern Trust appointed as Artemis’ single provider of asset servicing solutions.
The agreement includes the provision of investment operations outsourcing solutions, fund administration, depositary, global custody and transfer agency services for Artemis’ Luxembourg and UK domiciled fund ranges. It is understood that J.P. Morgan is the outgoing IOO provider.