Thursday, 28 May 2015
Last updated 2 hours ago
Apr 24 2007 | 10:22am ET
Northern Trust has been selected to provide fund administration services to the $1.1 billion BH Macro Limited fund.
The Guernsey-listed fund will invest in the Brevan Howard Master Fund, a $12 billion hedge fund with exposure to global fixed income and foreign exchange markets.
The new BH Macro Limited fund is one of the first single strategy hedge funds to obtain a secondary listing on the London Stock Exchange under the recently revised listing rules in chapter 14 of the Financial Services Authority regulations.
As of March 31, Chicago-based Northern Trust had assets under custody of $3.8 trillion, and assets under investment management of $756 billion.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by partcipating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…