Northern Trust signs with youDevise for FOHFs

The firm, which administrates roughly $18 billion across 20 FOHFs globally, is installing the product to improve the quality of portfolio management data available to FOHFs managers.

London-based youDevise has traditionally deployed the HIP product directly to fund managers themselves, but Northern Trust will be the first fund administrator to deliver the system as part of its overall offering.

Ian Headon, product manager for alternative asset administration at Northern Trust in Dublin, has