Northern Trust (NTRS) Onboards First Sentier Group Mutual Funds to Datum One Trust
Northern Trust Corporation (NASDAQ:NTRS) is one of the 8 Best Quality Stocks to Buy According to Hedge Funds. Northern Trust Corporation (NASDAQ:NTRS) is one of the best quality stocks to buy according to hedge funds. Earlier on March 19, Northern Trust announced that First Sentier Group transitioned its US mutual funds onto Northern Trust’s Datum One Series Trust. This move expands a global partnership that began in 2006 and is designed to support First Sentier’s US mutual fund strategy through a consolidated oversight model.
Northern Trust will now provide a comprehensive suite of services for these funds, including custody, fund accounting, transfer agency, and board governance. The use of the Datum One Series Trust structure offers First Sentier an efficient and cost-effective entry point into the US market. By using this series trust, the asset manager benefits from Northern Trust’s established regulatory and legal support framework.
First Sentier Group, which manages $137.3 billion in assets as of December 31, 2025, is a global organization owned by Mitsubishi UFJ Trust and Banking Corporation. The transition of these funds represents the latest evolution in their relationship with Northern Trust Corporation (NASDAQ:NTRS), which already includes middle-office services and fund administration across multiple global regions.
Copyright: rawpixel / 123RF Stock Photo
Northern Trust Corporation (NASDAQ:NTRS) is a financial holding company that operates through its subsidiaries, including The Northern Trust Company. It offers wealth management, asset servicing, asset management, and banking solutions to corporations, institutions, families, and individuals.
While we acknowledge the potential of NTRS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
Disclosure: None. Follow Insider Monkey on Google News.