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

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of