Curated News
By: NewsRamp Editorial Staff
September 18, 2025
Northern Trust Expands Brandes Partnership for Australian Fund Launch
TLDR
- Northern Trust's expanded services give Brandes Investment Partners a strategic advantage in entering the Australian market with streamlined fund administration and custody solutions.
- Northern Trust provides global custody and fund administration services to support the launch of Brandes Global Value Fund as an Australian Unit Trust for institutional investors.
- This partnership expansion enhances global investment accessibility and supports economic growth by providing Australian investors with professionally managed value investment opportunities.
- Northern Trust and Brandes extend their 30-year partnership to launch Australia's first Brandes-domiciled mutual fund with comprehensive asset servicing solutions.
Impact - Why it Matters
This expansion matters because it demonstrates how established financial service providers like Northern Trust enable investment firms to efficiently enter new markets, particularly in the growing APAC region. For investors, it means increased access to global value investment opportunities through professionally administered funds. The partnership's longevity and recent expansion into Australia signal confidence in cross-border investment vehicles, potentially influencing how other financial institutions approach international market entry and service delivery in the increasingly interconnected global investment landscape.
Summary
Northern Trust, a Chicago-based financial services powerhouse with over $18 trillion in assets under custody, has significantly expanded its three-decade-long partnership with California investment firm Brandes Investment Partners. The expansion centers on supporting the launch of Brandes' new Brandes Global Value Fund in Australia, providing comprehensive global custody and fund administration services for this Australian Unit Trust targeting institutional and wholesale investors. This move builds upon their longstanding relationship that began in 1992 and recently saw Brandes convert seven U.S. mutual funds into Northern Trust's Datum One Series Trust in 2024.
The collaboration represents a strategic deepening of services that now encompasses global custody, fund accounting, administration, transfer agency, foreign exchange, securities lending, and Equity Data Science capabilities. Ryan Burns, Head of Global Fund Services at Northern Trust, emphasized that this expansion demonstrates their ability to support Brandes' evolving global strategy, particularly in the APAC market. Brandes CEO Oliver Murray highlighted Northern Trust's operational excellence and scale as key factors enabling their efficient market entry into Australia with their first Australian-domiciled mutual fund, showcasing how established financial partnerships can facilitate global expansion.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Northern Trust Expands Brandes Partnership for Australian Fund Launch
