AMSTERDAM--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) has collaborated with leading Dutch bank, ABN AMRO, to launch an innovative range of Dutch-domiciled passive funds for its private and retail banking clients.
“We are pleased to collaborate with Northern Trust to offer this attractive fund range to our clients,” said Alen Zeljkovic, global head of products and solutions at ABN AMRO Private Banking International. “We undertook diligent research into providers of passive funds and Northern Trust offered a market-leading solution tailored to our clients’ demands.”
“In today’s environment of low interest rates, we see investors looking for income-producing stable investment opportunities,” said Wayne Bowers, chief executive officer for Northern Trust Asset Management in Europe, Middle East, Africa and Asia-Pacific. “The combination of the Dutch domicile of the funds and our long track-record in passive investing, enable investors at ABN AMRO to enjoy attractive benefits.”
Northern Trust’s FGR passive indexing fund family comprises the following:
- Northern Trust Europe Equity Index UCITS FGR Fund: This fund aims to closely match the risk and return of the MSCI Europe Index and is suitable for investors seeking diversified equity exposure in Europe.
- Northern Trust North America Equity Index UCITS FGR Fund: For investors seeking diversified equity exposure in North America, this fund aims to closely match the risk and return of the MSCI North America Index.
- Northern Trust Developed Real Estate Index UCITS FGR Fund: Aiming to closely match the risk and return of the FTSE EPRA/NAREIT Developed Index, this fund offers diversified listed real estate equity exposure in developed markets across North America, Europe and Asia.
“Northern Trust is a pioneer in the field of indexing and is uniquely positioned to offer this solution to the Dutch market,” said Nick Dymond, head of International Equity Index at Northern Trust Asset Management. “Our unique Intelligent Indexing® approach is a disciplined, transparent investment process combining strategic market insights and sophisticated analysis to produce consistent and efficient market exposure for our clients.”
Northern Trust Asset Management is a global leader in delivering innovative investment management to corporations, institutions and charities. For 125 years, we have evolved with the changing needs of our clients and our world.
Asset Management at Northern Trust comprises Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc. and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
The Northern Trust FGR (NTFGR) is a regulated collective investment scheme in the Netherlands under AFM UCITS regulations. Northern Trust Fund Managers (Ireland) Limited (NTFMIL) is the management company of the NTFGR. NTFMIL is authorised and regulated by the Central Bank of Ireland, and registered as the management company of NTFGR and its sub-funds by the Netherlands Authority for the Financial Markets (Autoriteit Financiële Markten (AFM)). NTFGR is authorised as being managed by NTFMIL with the AFM.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide. Chicago-based Northern Trust has offices in 19 states, Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2014, Northern Trust had assets under custody of US$6 trillion, and assets under investment management of US$934.1 billion. For 125 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com and follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures
About ABN AMRO Private Banking
ABN AMRO Private Banking International is the international wealth management division of ABN AMRO Bank with EUR 190.6 billion of total assets under management. The domestic and international offices in 10 markets worldwide include the respected private banks ABN AMRO MeesPierson in the Netherlands (Est. 1720), Bethmann Bank in Germany (Est. 1712) and Neuflize OBC in France (Est. 1667). ABN AMRO Private Banking is the 3rd largest private bank in the Eurozone, 7th in Europe and holds a top 15 position in private banking in Asia.