Northern Trust announced that its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Waverton Investment Management (Waverton), an independent investment manager providing services for private and professional clients. Based in the United Kingdom, Waverton is an owner-managed investment management firm with offices in London, Edinburgh and Glasgow and PS 9.1 billion (approximately USD 11.6 billion) in assets under management, as of 31 December 2022. Serving private investors, charities, financial advisers and institutional investors, Waverton's aim is to generate inflation-beating returns over the long term, using an active and flexible, multi-asset investment approach through bespoke portfolios or specialist funds.

Northern Trust is supporting the trading of equities, derivatives and fixed income assets as Waverton's sole provider of trading services. The appointment followed a review by Waverton of its operating model intended to help align its operational structure with plans to expand its product range and investment capabilities. It also resulted in two of its traders - Rene Naya and Sam Tresadern - joining Northern Trust.

Northern Trust's outsourced trading capability combines worldwide trading expertise in equities, fixed income and exchange traded derivatives across global markets, coverage from multiple trading locations, access to high-quality liquidity and a fully integrated middle and back office service. ITS helps asset owners and asset managers to meaningfully lower costs, reduce risk, manage regulatory compliance, and enhance transparency and operational efficiency. Northern Trust continually innovates and invests in technology in support of its clients, delivering a differentiated approach to trading that includes ITS, offered through Institutional Brokerage.

Both are part of Northern Trust Capital Markets, which also provides foreign exchange, securities lending and transition management services.