Northern Trust, an internationally recognized company, has been chosen by the Fiji National Provident Fund (FNPF) to deliver custody services, as recently announced by the firm. With a vast network of offices throughout the Asia Pacific, including major cities such as Beijing, Hong Kong, Singapore, and Tokyo, Northern Trust is well positioned to support FNPF’s operations.
FNPF’s Chief Investment Officer, Naibuka Saune, expressed that their aim is to enhance member experience through strategic partnerships. He emphasized that Northern Trust has become an ideal collaborator, allowing FNPF to concentrate on its primary investment activities while Northern Trust manages the custody requirements.
Angelo Calvitto, the head of Northern Trust in the Asia Pacific, highlighted this partnership as a significant achievement, reflecting their dedication to the region. He stated that the firm distinguishes itself by customizing its extensive services to meet FNPF’s specific requirements, which has fostered the fund’s confidence in them.
Looking ahead, Northern Trust is dedicated to offering more integrated and collaborative solutions to bolster FNPF’s growth, reinforcing its role as a dependable partner for sustained success.
This collaboration marks not only an advancement for FNPF in enhancing its operational efficiency but also signifies Northern Trust’s commitment to providing tailored solutions in a dynamic global market. Such partnerships are likely to foster growth opportunities and a positive outlook for both organizations.
In summary, Northern Trust’s selection by FNPF highlights a progressive step towards improved custodial services, emphasizing the importance of collaboration in driving successful financial outcomes.
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