Achmea Boosts Northern Trust Stake 71.2% as Canada Custody Hits CAD$90B
Northern Trust added CAD$90 billion in Canadian custody assets in 2025 as it celebrated 35 years in Canada and launched passive index funds leveraging US$941 billion of AUM expertise. Achmea Investment Management increased its Northern Trust stake by 71.2% to US$26.5 million after acquiring 81,880 shares, signaling heightened institutional backing.
1. Canadian Business Momentum
In 2025, Northern Trust recorded over CAD$90 billion in new Canadian assets under custody as it marked 35 years of operations, driven by growth across global custody, investment accounting, front-office data integration, currency management, analytics and asset management services. The firm also launched passive index funds tailored for Canadian institutional investors, leveraging its US$941 billion indexing platform to offer cost-efficient, ESG-integrated strategies.
2. Institutional Stake Uptick
Achmea Investment Management increased its holdings in Northern Trust by 71.2% during the third quarter, acquiring 81,880 additional shares to reach a US$26.5 million position—reflecting heightened institutional confidence in the firm’s growth trajectory and service offerings. This boost underscores sustained investor interest in Northern Trust’s expanding business momentum.