Northern Trust selected by Osmosis
March 14, 2019
Northern Trust Bank Building, Chicago, IL (Photo thanks to Flickr user Zol87, available under by-sa v2.0)

Osmosis Investment Management, a US$1.5 billion assets under management (AuM) asset manager, has appointed Northern Trust to support its MoRE World Sustainable Market Neutral Fund – a sustainable investment fund taking long positions in resource-efficient companies, and short positions in inefficient companies across developed markets.

Services provided by Northern Trust include fund administration, foreign exchange algorithmic trading and liquidity management solutions.

The fund is supported by Prescient Fund Services (Ireland) Limited on the Prescient ICAV platform, which launched in 2017 and is geared towards supporting growing boutique to mid-sized asset managers – allowing them to distribute to investors cost-effectively and rapidly achieve scale.

Northern Trust also supports the operation of this platform as Prescient's custodian and appointed depositary under the European Union's Undertakings for Collective Investment in Transferable Securities (UCITS) regulations.

Ben Dear, CEO, Osmosis Investment Management, said: "As well as our history of working in successful partnership, Northern Trust's track-record of working with leading global asset managers gives us the utmost confidence they have the expertise and capability to support the continued scaling-up of this fund and our broader business."





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

Osmosis Investment Management, a US$1.5 billion assets under management (AuM) asset manager, has appointed Northern Trust to support its MoRE World Sustainable Market Neutral Fund – a sustainable investment fund taking long positions in resource-efficient companies, and short positions in inefficient companies across developed markets.

Services provided by Northern Trust include fund administration, foreign exchange algorithmic trading and liquidity management solutions.

The fund is supported by Prescient Fund Services (Ireland) Limited on the Prescient ICAV platform, which launched in 2017 and is geared towards supporting growing boutique to mid-sized asset managers – allowing them to distribute to investors cost-effectively and rapidly achieve scale.

Northern Trust also supports the operation of this platform as Prescient's custodian and appointed depositary under the European Union's Undertakings for Collective Investment in Transferable Securities (UCITS) regulations.

Ben Dear, CEO, Osmosis Investment Management, said: "As well as our history of working in successful partnership, Northern Trust's track-record of working with leading global asset managers gives us the utmost confidence they have the expertise and capability to support the continued scaling-up of this fund and our broader business."



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