Northern Trust Corp. said it will provide custody and fund administration services for $2.2 billion in funds of funds for Hargreaves Lansdown of the U.K.
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Hargreaves Lansdown provides investment management products and services to private investors in the U.K.
Northern Trust, which is based in Chicago, provides investment management, asset and fund administration, fiduciary, and banking solutions worldwide.
Northern Trust, which announced the Hargreaves agreement Tuesday, had $4 trillion of assets under custody and administration as of March 31. This includes $778.6 billion of assets under management.
