Northern Trust launches Datum One Series Trust
June 11, 2020

Northern Trust has today announced the launch of Datum One Series Trust, expanding its offering of solutions designed to give advisers and investment managers an efficient mechanism to amplify product distribution and deliver investment strategies via mutual funds registered under the Investment Company Act of 1940.

Datum One Series Trust is the second trust organized as part of Northern Trust's offering. Advisers Investment Trust, launched in 2011, has grown to approximately US$18 billion in assets as of May 2020. It allows managers to focus on distributing their funds under their own brand name and marketing strategy while leveraging Northern Trust's industry-leading infrastructure and back-office services.

A series trust, commonly known in the United States as an "umbrella trust," is a registered investment company (RIC) filed with the U.S. Securities and Exchange Commission. The structure enables multiple unaffiliated registered investment advisers to manage separate portfolios or "series" within the same trust.

The Datum One Series Trust is a comprehensive solution that supplies an experienced team of fund governance experts and fund officers to deliver best-practice regulatory support and operational infrastructure, freeing up the adviser to focus on money management, distribution and overall sales success.

"Our clients value our superior client service and flexibility as their products expand and new distribution channels are explored," said 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."

The Datum One Series Trust supports any asset class managed in a 1940 Act fund and is available to SEC-registered investment managers based anywhere in the world looking to access the US mutual fund market.





This site, like many others, uses small files called cookies to customize your experience. Cookies appear to be blocked on this browser. Please consider allowing cookies so that you can enjoy more content across globalcustody.net.

How do I enable cookies in my browser?

Internet Explorer
1. Click the Tools button (or press ALT and T on the keyboard), and then click Internet Options.
2. Click the Privacy tab
3. Move the slider away from 'Block all cookies' to a setting you're comfortable with.

Firefox
1. At the top of the Firefox window, click on the Tools menu and select Options...
2. Select the Privacy panel.
3. Set Firefox will: to Use custom settings for history.
4. Make sure Accept cookies from sites is selected.

Safari Browser
1. Click Safari icon in Menu Bar
2. Click Preferences (gear icon)
3. Click Security icon
4. Accept cookies: select Radio button "only from sites I visit"

Chrome
1. Click the menu icon to the right of the address bar (looks like 3 lines)
2. Click Settings
3. Click the "Show advanced settings" tab at the bottom
4. Click the "Content settings..." button in the Privacy section
5. At the top under Cookies make sure it is set to "Allow local data to be set (recommended)"

Opera
1. Click the red O button in the upper left hand corner
2. Select Settings -> Preferences
3. Select the Advanced Tab
4. Select Cookies in the list on the left side
5. Set it to "Accept cookies" or "Accept cookies only from the sites I visit"
6. Click OK

Northern Trust has today announced the launch of Datum One Series Trust, expanding its offering of solutions designed to give advisers and investment managers an efficient mechanism to amplify product distribution and deliver investment strategies via mutual funds registered under the Investment Company Act of 1940.

Datum One Series Trust is the second trust organized as part of Northern Trust's offering. Advisers Investment Trust, launched in 2011, has grown to approximately US$18 billion in assets as of May 2020. It allows managers to focus on distributing their funds under their own brand name and marketing strategy while leveraging Northern Trust's industry-leading infrastructure and back-office services.

A series trust, commonly known in the United States as an "umbrella trust," is a registered investment company (RIC) filed with the U.S. Securities and Exchange Commission. The structure enables multiple unaffiliated registered investment advisers to manage separate portfolios or "series" within the same trust.

The Datum One Series Trust is a comprehensive solution that supplies an experienced team of fund governance experts and fund officers to deliver best-practice regulatory support and operational infrastructure, freeing up the adviser to focus on money management, distribution and overall sales success.

"Our clients value our superior client service and flexibility as their products expand and new distribution channels are explored," said 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."

The Datum One Series Trust supports any asset class managed in a 1940 Act fund and is available to SEC-registered investment managers based anywhere in the world looking to access the US mutual fund market.



Free subscription - selected news and optional newsletter
Premium subscription
  • All latest news
  • Latest special reports
  • Your choice of newsletter timing and topics
Full-access magazine subscription
  • 7-year archive of news
  • All past special reports
  • Newsletter with your choice of timing and topics
  • Access to more content across the site