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Northern Trust names new head of Emea transition management

Hire is a statement of intent for the Emea region, says global head of transition management

Northern Trust's offices in London's Canary Wharf
Northern Trust's offices in London's Canary Wharf Photo: FN Library

Northern Trust has hired a dedicated head of transition management for Europe, the Middle East and Africa, as it eyes a slice of the business up for grabs amid the UK’s move to consolidate town hall pension funds, which collectively manage £214 billion.

The global custodian and investment giant, which has $946 billion in assets under management, confirmed in a statement on January 9 that the former head of Emea transition management for Nomura International, Craig Blackbourn, had joined as regional head, based in London.

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