none

NORTHERN TRUST CONTINUES AUSTRALIAN TRADING EXPANSION

23-08-2016
by 
in 

Northern Trust has today announced it has established a securities lending trading desk, and appointed a senior foreign exchange sales representative, in its Sydney-based Australian office, as part of ongiong trading expansion across the Asia-Pacific region.

“Our Australian clients are institutional investors with sophisticated requirements and expanding our capital markets business ensures we are best placed to continue to support them, directly from our offices in Australia,” said Madeleine Senior, head of Australia and New Zealand at Northern Trust.

The establishment of a capital markets presence in Sydney follows Northern Trust’s acquisition of institutional equity brokerage business, Aviate Global, which brought a second Australian office for Northern Trust.

“We are delighted to establish a capital markets presence in Australia,” said Dane Fannin, head of capital markets, Asia-Pacific Northern Trust. “Growing Northern Trust’s geographic footprint in the region maximizes trading capabilities and service for our clients.”

Bun Eng will be the senior trader and client executive for the securities lending business in Australia and New Zealand. He was most recently based in Northern Trust’s Hong Kong office and will continue to work closely with the global team providing clients with an extended trading window and local expertise.

Kia Oboudiyat, senior sales representative for foreign exchange, was most recently based in Northern Trust’s Chicago headquarters where he was responsible for client delivery solutions within the North America investment operations outsourcing implementations team. In his new role in Sydney, he will be responsible for providing client services support and exploring sales opportunities across the Asia-Pacific region.

Together, Northern Trust’s offices in Sydney and Melbourne offer a comprehensive range of customized asset servicing, asset management and capital markets solutions to its institutional and investment manager clients.

Northern Trust’s Capital Markets Group has a 30-year track record of providing foreign exchange, securities lending, transition management and institutional brokerage services to its diverse global client base.

Related news & editorials

  1. 15.09.2020
    15.09.2020
    by      In , In , In
    It may be seen as a bit of an irony to suggest that there has never been a much better time for manufacturing business to bask in the glory of public attention, especially during a time of COVID-19 pandemic.
    But according to Chief Executive Innes Willox from peak employer AiGroup, it is a time for... Read More
  2. 15.07.2020
    15.07.2020
    by      In , In
    St.George Chief Economist Besa Deda offers a renewed outlook for the Australian manufacturing sector as the fallout from the coronavirus pandemic continues.
    When COVID-19 hit the world in early 2020, economies were shattered as lockdowns forced social distancing and mass business closures. The... Read More
  3. 15.07.2020
    15.07.2020
    by      In , In , In
    Digitalisation and the acceleration of globalisation over the last two decades has offered Australian customers convenience and greater choice. Many local brands have taken a hit where international goods have succeeded due to their price competitiveness.
    While the COVID-19 pandemic has caused... Read More
  4. 09.03.2020
    09.03.2020
    by      In
    South Australia boasts a highly skilled and educated workforce, a renewed focus on entrepreneurship and innovation, and multi-billion-dollar defence industry contracts.
    The state’s world-class research institutions and universities, an investment in skills and the development of entrepreneurial... Read More