"The custodian is a key strategic partner in the provision of services for the fund, and competition in this space has significantly increased over the past few years,” EISS chief executive officer Alexander Hutchison said.
“Northern Trust’s culture, global operating model and technology systems were key areas of importance for the fund.”
Northern Trust managing director Rohan Singh said the company is “delighted and honoured by the appointment” and looks forward to “supporting EISS with a range of solutions to meet their investment oversight, governance and growth strategies”.
