SINGAPORE, May 12 (Bernama-BUSINESS WIRE) — Northern Trust (Nasdaq: NTRS) has been appointed by Modular Asset Management (Singapore) Pte. Ltd. (Modular), a specialist Asian macro alternative investment management company licensed by the Monetary Authority of Singapore, for a new asset servicing mandate.
Northern Trust will provide a range of custody, fund administration, middle-office outsourcing, collateral management and risk compliance monitoring services to Modular’s newly launched Cayman Islands domiciled Modular Asian Macro Fund and related entities.