Northern Trust To Administer New $1.1B Fund

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.

 


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of