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Stock impact report

Cadent Gas Pension Trustee Limited Appoints Northern Trust as Custodian for its £4.6 Billion Pension Scheme

Northern Trust Corporation (NTRS) 
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
Company Research Source: Business Wire
LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today it has been appointed by Cadent Gas Pension Trustee Limited as custodian for its public and private assets as well as for performance and SORP reporting for its £4.6 billion (approximately US$6 billion) defined benefit scheme (as of 31/03/2024).Cadent Gas Pension Scheme appointed Northern Trust following a detailed due diligence exercise, managed independently. A key focus was to find an asset servicing partner to support the Scheme through its defined benefit journey.“Northern Trust is an industry leader in supporting the needs of the asset owner community and the UK pension sector specifically,” said Ian Hamilton, Head of Asset Owners Europe, Northern Trust. “We are well positioned to help Cadent Gas Pension Scheme with their changing requirements, and we look forward to working collaboratively, helping them reach their goals.”Northern Trust’s asset owner business provides custody services to more than 370 cl Show less Read more
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