Northern Trust opens new office in Oslo

The latest move follows the expansion of the Chicago – headquartered asset servicing company’s mandate with the Norwegian life insurance company KLP to provide onshore depositary services for the firm’s Norwegian-domiciled funds.

Robert Stenmark has been appointed as head of Northern Trust’s new Oslo office, which will offer onshore depositary services to Norwegian asset managers and asset owners. Northern Trust said the establishment follows the reappointment by Norway’s largest life
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