ABN Amro and Northern Trust team up to launch new fund range
Chicago-based asset manager Northern Trust and Dutch Private Bank ABN Amro have announced the launch of a new range of Netherlands-domiciled passive funds for ABN Amro’s private and retail clients.
The range includes three Ucits compliant funds, offering access to European Equities by tracking the MSCI Europe, to North American Equities tracking the MSCI North America Index and to Real Estate by tracking the FTSE EPRA/NAREIT Developed Index.
“In today’s environment of low interest rates, we see investors looking for income-producing stable investment opportunities,” said Wayne Bowers, chief executive officer for Northern Trust Asset Management in Europe, Middle East, Africa and Asia-Pacific. “The combination of the Dutch domicile of the funds and our long track-record in passive investing, enable investors at ABN Amro to enjoy attractive benefits.”