Northern Trust has been appointed by Invesco to provide administration, custody and depositary services for its new Irish-domiciled index tracking mutual fund range, Invesco Markets V ICAV. The new fund range is designed to make Invesco's swap-based synthetic approach to index replication available to mutual fund investors in Europe via investment platforms and other institutional channels, a replication model previously offered only through Invesco's exchange-traded funds. The mandate extends Northern Trust's existing relationship with Invesco, building on its support of the firm's synthetic ETF platform and administration services for its digital assets platform. Invesco, headquartered in Atlanta, Georgia, had US$2.45 trillion in assets under management as of 31 May 2026. Northern Trust had US$18.6 trillion in assets under custody or administration and US$1.8 trillion in assets under management as of 31 March 2026.
Northern Trust CorporationNorthern Trust appointed by Invesco to provide administration, custody and depositary services for new fund range, expanding its asset servicing mandate.
Invesco PlcInvesco launches new mutual fund range, expanding distribution of its synthetic index replication strategy to mutual fund investors, potentially increasing AUM and fee revenue.