
Northern Trust Adds Energy, Commodities Offerings to Platform
Northern Trust Hedge Fund Services (NTHFS) has added capabilities for energy and physical commodities. The new offers are available on the fund administrator’s Omnium platform, which supports trade spots, forwards, futures, and physical contracts in commodities.
The new energy and physical commodities products complement Omnium’s web-based dashboards, which can be tailored to provide each client with a comprehensive set of relevant, actionable information, allowing them to maximize their investment strategy.
“Hedge fund managers are eager to invest in energy and physical commodities, but there’s a gap in the market when it comes to servicing these products, where settlements can include physical delivery obligations on multiple time horizons as well as financial implications,” said Jeff Boyd, CEO of NTHFS.
“The success of NTHFS has always been our ability to adapt and support clients as they explore alpha generating opportunities,” said Nadia Cobalovic, co-COO of NTHFS. “Expanding our capabilities in the commodity space serves as a testament to that ethos – we’re dedicated to developing solutions that are fit for purpose and designed to allow our clients to focus on what matters.”
NTHFS provides fund administration and other services for funds with over $1 trillion in regulatory assets under management.