Nestle Capital Advisers (NCA) has appointed Northern Trust for new common contractual fund, Pensions & Investments reports. Northern Trust will be offering global custody, fund administration and performance reporting.

The firm will also provide project management and tax and legal experts who backed the fund’s launch. The fund is open to Nestle pension plans around the world and is seeking investment from different countries.

Click here for the story from PR Newswire.

Click here for the story from Pensions & Investments.