Northern Trust Appointed by Alpine Global Master Fund
February 12 2017 - 8:48PM
Business Wire
Hedge Fund Administration and Middle Office
Outsourcing Services Provided for New Fund
Alpine Global Master Fund, a long/short market-neutral hedge
fund, has appointed Northern Trust (Nasdaq: NTRS) to provide hedge
fund administration services and middle office outsourcing.
The fund has a fundamental based quantitative investment
methodology and is managed by BOCOM International Asset Management
Limited, with Huatai-PineBridge Fund Management Co., Ltd. as the
investment advisor.
Managing Director of Alpine Global fund Liang Shi said: “One of
the main reasons we selected Northern Trust was its
industry-leading robust technology and its experience in servicing
complex offshore fund structures. Northern Trust provides the Fund
with a unique solution that suits its needs, enabling the fund
manager and advisor to concentrate their efforts on generating
returns for investors.”
“We are delighted to be appointed by Alpine Global Master Fund,”
said Ali Sheikh, head of hedge fund services, Asia-Pacific at
Northern Trust. “Across the region, we see evolving demands from
hedge funds and are well placed to cater to industry movements
through our knowledge and expertise. Our client-driven solutions
are designed to meet the complex needs of hedge fund clients and
enable them to focus on their core business.”
Northern Trust Hedge Fund Services provides unique solutions to
the asset management industry through its ability to streamline the
interactions between all parties involved and improve efficiencies
between administrators, prime brokers, counterparties, fund
managers, asset owners and investors. Capabilities include
comprehensive middle office and administration services,
specializing in trade processing, valuation, real-time reporting,
cash management, accounting, collateral management and investor
servicing.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider
of wealth management, asset servicing, asset management and banking
to corporations, institutions, affluent families and individuals.
Founded in Chicago in 1889, Northern Trust has offices in the
United States in 19 states and Washington, D.C., and 22
international locations in Canada, Europe, the Middle East and the
Asia-Pacific region. As of December 31, 2016, Northern Trust had
assets under custody of US$6.7 trillion, and assets under
management of US$942 billion. For more than 125 years, Northern
Trust has earned distinction as an industry leader for exceptional
service, financial expertise, integrity and innovation. Visit
northerntrust.com or follow us on Twitter @NorthernTrust.
© 2017 Northern Trust Corporation. Head Office: 50 South La
Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with
limited liability in the U.S. Products and services provided by
subsidiaries of Northern Trust Corporation may vary in different
markets and are offered in accordance with local regulation. For
legal and regulatory information about individual market offices,
visit northerntrust.com/disclosures.
About BOCOM International Asset Management Limited
Headquartered in Shanghai, Bank of Communications Co., Ltd. is
the first nationwide, state-owned joint-stock commercial bank in
China with both national and global coverage. BOCOM International
Asset Management Limited is a wholly-owned subsidiary under Bank of
Communications Co., Ltd mainly responsible for the investment
operations of asset management businesses, research and development
of relevant products and service systems, with SFC licenses
pursuant to the SFO to carry on Type 1 (dealing in securities),
Type 4 (advising on securities) and Type 9 (asset management)
regulated activities with CE Number APH797.
About Huatai-PineBridge Mutual Fund Management Co.,
Ltd.
Huatai-PineBridge Fund Management Co. Ltd.(HTPB), established in
2004 in Shanghai, is a joint venture of Huatai Securities Co. Ltd.
(49%), PineBridge Investments LLC (49%) and Suzhou New District
Hi-tech Industrial Co. Ltd.(2%). The company has been devoted to
providing high-quality investment tools and solutions for
investors. The AUM of HTPB was 129.9bn RMB by the end of 2015 and
ranked 19th among 105 mutual fund management firms. Currently HTPB
is managing 46 public funds with distinctive investing styles. The
comprehensive product line has covered, active quantitative funds,
active equity funds, balanced funds, ETFs, QDII funds, bond funds
and Money market funds as well as segregated accounts to satisfy
differentiated demands of over 4 million investors.
Register Office: 17/F, Tower 1, Zendai Wudaokou Plaza, 1199
Minsheng Road, Pudong, Shanghai 200135, People’s Republic of
China.
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version on businesswire.com: http://www.businesswire.com/news/home/20170212005049/en/
Northern TrustEurope, Middle East, Africa &
Asia-Pacific:Camilla Greene, +44 (0) 207 982
2176Camilla_Greene@ntrs.comorUS & Canada:Doug Holt, +1 312 557
1571Doug_Holt@ntrs.com
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