Northern Trust appointed by Valverde to provide custody, fund administration

Northern Trust announced that it has been appointed by Valverde Investment Partners to provide custody, fund administration, foreign exchange and cash management services for its newly formed Variable Capital Company, or VCC, fund, along with its sub-fund, ASEAN+ Fund, or VAPF. Valverde is a newly established, Singapore-based, independent investment management firm specializing in ASEAN equities. The VCC launch and its sub-fund, Valverde ASEAN+ Fund, or VAPF, represent Valverde’s goal of achieving long-term absolute returns, primarily composed of public traded equities within ASEAN companies.