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Northern Trust Appointed by US$45bn Manager Fundsmith to Provide Asset Servicing Solutions to its Luxembourg-Domiciled Funds

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LONDON–(BUSINESS WIRE)–Northern Trust (Nasdaq: NTRS) today announces it has been appointed to provide fund accounting, transfer agency and global custody services to Fundsmith’s Luxembourg-domiciled umbrella, Fundsmith SICAV. Headquartered in London, United Kingdom (UK) with offices in Mauritius and Connecticut, USA, Fundsmith has more than £33 billion (approximately US$45bn) of assets under management (as at 31 December 2020) on behalf of global institutions and investors. Fundsmith SICAV wa

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