Northern Trust wins asset servicing mandate from LeavePlus
NTRS•Northern Trust won LeavePlus’ mandate for global custody, fund administration and compliance monitoring. LeavePlus manages approximately AUD 2.6 billion in assets for more than 290,000 eligible workers.
1. Mandate details
Northern Trust will provide global custody, fund administration and compliance monitoring for LeavePlus, Victoria’s construction industry long-service leave scheme. The mandate will support a portfolio that includes private markets and derivatives, while strengthening data, governance and reporting capabilities.
