The Chinese fund houseÆs prospectus for its Asian equities product, slated for launch next week, indicates it will manage the fund without MOU partner State Street.
The firm intends to boost its Asian fixed-income capabilities and regional client servicing under the new leadership of Mark Lazberger and Michael Stapleton.
Michael Wu moves over from State Street to help strengthen Northern Trust's presence in China, as global custodians capitalise on rising opportunities from overseas investments.