Charities Aid Foundation, West Malling, England, hired Northern Trust as master custodian, fund administrator and transfer agent for assets totaling £430 million ($745 million), confirmed Ron Green, senior manager of marketing and product development in the financial services department of the foundation, with about £940 million ($1.6 billion). The previous providers were International Financial Data Services and State Street Bank and Trust. International Financial Data is a joint venture between State Street and DST Systems. Foundation officials wanted to consolidate the services under one provider, Mr. Green said.
Charities Aid Foundation , West Malling, England, hired Northern Trust...
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