Northern Trust Names Belinda Burgess as Head of Channel Islands

Paul Cutts Appointed as Head of Alternative Investment Services for Global Fund Services EMEA

LONDON & GUERNSEY--(BUSINESS WIRE)-- Northern Trust (Nasdaq: NTRS) today announces it has appointed Belinda Burgess as head of Channel Islands, replacing Paul Cutts who assumes the newly created role of head of Alternative Investment Services for Northern Trust Global Fund Services across Europe, Middle East Africa (EMEA).

Burgess who joined Northern Trust in 2005 was most recently head of Northern Trust in the Nordics. Reporting to Wilson Leech, head of Northern Trust in EMEA, she is responsible for supporting the continued growth of Northern Trust’s business in the Channel Islands.

Northern Trust first established an office in the Channel Islands in 1972 and today is the largest administrator of domiciled and non-domiciled funds by total net assets. Its office supports some of the most successful and innovative investment managers across the globe, servicing a wide variety of traditional and alternative asset classes, including private equity funds, hedge funds, real estate funds, infrastructure funds and funds of funds.

“Guernsey offers unique opportunities for promoters of both conventional and alternative funds and remains an important jurisdiction for our global clients, who continue to face new and updated regulatory reporting pressures and demands to generate return,” said Leech. “Belinda’s leadership, supported by Paul’s focus on driving our alternative investments business will ensure we remain well placed to support our clients’ needs for sophisticated data, analytics and asset servicing solutions.”

Cutts assumes the newly created role of head of Alternative Investment Services. Based in London and reporting to Toby Glaysher, head of Global Fund Services, EMEA, Cutts is responsible for ensuring Northern Trust’s products and services support the unique requirements of alternative investment clients. Cutts joined Northern Trust in 1993 and has held a number of leadership roles across the globe, including head of Northern Trust’s businesses in The Netherlands and Australia as well as most recently the Channel Islands.

Northern Trust’s Global Fund Services business provides custody, fund administration, investment operations outsourcing and depositary services to investment managers across the globe and across the spectrum of asset classes.

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 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2015, Northern Trust had assets under custody of US$6 trillion, and assets under management of US$887 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.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151207005669/en/

Northern Trust
Europe, Middle East, Africa & Asia-Pacific Contact:
Camilla Greene
+44 0 207 982-2176
[email protected]
or
US & Canada Contact:
Tim Hacker
+1 312 557 6090
[email protected]

Source: Northern Trust

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