Nest appoints Northern Trust as fund administrator

Nest said appointment is of ‘significant importance’ to the success of the scheme

Holly Roach
clock • 2 min read
Nest Invest CEO Mark Fawcett
Image:

Nest Invest CEO Mark Fawcett

Nest has appointed Northern Trust as fund administrator and custodian, as the government-backed master trust forecasts its assets under management (AUM) to pass £100bn in 2030.

Through the partnership, Northern Trust will help the scheme coordinate its investments across a diversified portfolio – as well as provide key services for Nest's investment strategy including cus...

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