Northern Trust Appointed Fund Administrator for First Sentier Investors Global Growth Funds

Quick Summary

Northern Trust has expanded its 20-year relationship with First Sentier Group, serving as the new fund administrator for the First Sentier Investors Global Growth Funds. This mandate provides custody, fund accounting, and transfer agency services for the Singapore unit trust offering, utilizing Northern Trust’s global operating platform.

How does Northern Trust support First Sentier Investors in Singapore?

Northern Trust provides a comprehensive suite of asset servicing solutions designed to streamline the operations of the First Sentier Investors Global Growth Funds. By integrating local Singapore transfer agency capabilities with its established global operating platform, Northern Trust ensures a scalable and resilient servicing framework. This arrangement is specifically designed to align with First Sentier Group’s broader operating model objectives and meet local regulatory requirements in Singapore.

The service package includes:

• Global custody services
• Fund accounting
• Transfer agency services
• Investment operations outsourcing

What does this expansion mean for the Northern Trust and First Sentier relationship?

The appointment marks a significant growth point in a global relationship that began in 2006. By expanding this 20-year partnership, both firms are working toward the simplification of global operating models. For Northern Trust, this mandate represents a milestone for its Singapore operations and the evolution of its local transfer agency capabilities, supporting retail investors across the region.

“This appointment supports the continued simplification of our global operating model and strengthens the consistency of service across our fund ranges. The Singapore transition marks an important milestone in the ongoing evolution of our operating framework, designed to deliver scalable and resilient support for our clients and investors,” said Amanda Gazal, Chief Operating Officer for First Sentier Group.

What scale of assets does Northern Trust manage globally?

Northern Trust maintains a significant global footprint, operating across 22 locations in Canada, Europe, the Middle East, and the Asia-Pacific region, in addition to 24 U.S. states. As of June 30, 2026, the firm reported substantial figures regarding its market reach:

• US$20.0 trillion in assets under custody/administration
• US$2.0 trillion in assets under management
• Presence in 22 international locations and 24 U.S. states

FF NEWS TAKE:

This expansion highlights the trend of global asset managers consolidating their servicing requirements with trusted, long-term partners to achieve operational simplicity. By securing the First Sentier Investors Global Growth Funds mandate, Northern Trust solidifies its position in the competitive Singapore market. The move moves the needle by demonstrating how legacy providers can leverage local transfer agency expertise alongside massive global scale to meet specific regional regulatory needs.