Key Takeaways
- • Northern Trust (Nasdaq: NTRS) marked the 30th anniversary of its Singapore branch, which was established in 1996, according to a Business Wire release.
- • The Singapore operation supports asset owners, asset managers and family offices across Asia Pacific with global custody, fund administration, securities lending, FX and brokerage services.
- • Northern Trust's Global Family Office business established its Asia Pacific presence in Singapore in 2022, serving single family offices and private investment companies.
- • Recent Singapore milestones include the launch of a Singapore unit trust offering and an expansion of Northern Trust Asset Management's liquidity capabilities.
- • As of September 30, 2026, Northern Trust reported US$19.9 trillion in assets under custody/administration and US$2.0 trillion in assets under management.
Summary
Northern Trust Asset Servicing offers global custody, fund administration, investment operations outsourcing, foreign exchange, securities lending, brokerage and other value-added services from the Singapore hub. Northern Trust Asset Management serves institutional investors through Quantitative and Index Equity and Fixed Income solutions that integrate sustainable investing, as well as liquidity and cash solutions.
The Global Family Office business established its Asia Pacific presence in Singapore in 2022, serving single family offices and private investment companies with asset servicing, technology and reporting, lending and investment capabilities. Recent milestones include the launch of a Singapore unit trust offering and the expansion of Northern Trust Asset Management's liquidity capabilities.
Yen Leng Ong, country head of Singapore at Northern Trust, said Singapore has been a cornerstone of the firm's Asia Pacific strategy and that the company remains committed to investing in people, capabilities and technology. Angelo Calvitto, head of Asia Pacific, said Singapore remains one of the most important investment centers in the region and that the firm continues to see opportunities as clients' operating models, distribution ambitions and regulatory requirements evolve.
Northern Trust, founded in Chicago in 1889, reported assets under custody/administration of US$19.9 trillion and assets under management of US$2.0 trillion as of September 30, 2026.
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