The team at Chicago-based Northern Trust Global Fund Services
their second series trust, the Datum One Series Trust
| Ryan Burns|
Northern Trust Corporation
Head of Global Fund Services, North America
"Our clients value our superior client service and flexibility as their products expand and new distribution channels are explored," stated Ryan Burns
, head of global fund services in North America for Northern Trust. "Creating a second series trust solution increases our capacity to help clients get to market faster in support of their business goals."
As of May 2020, the firm's first series trust, Advisers Investment Trust (which launched in 2011), had grown to approximately $18 billion in assets. Asset managers using the trust still market and distribute their own funds under their own brands.
The Datum One Series Trust supports all asset classes managed in a '40 Act fund and is available anywhere in the world to SEC-registered investment managers.
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