The volume of fixed income outsourced trading has doubled in recent years at Northern Trust.
More than 80% of asset managers and asset owners reported improved investment performance.
This is one of the largest corporate pension outsourced chief investment officer mandates.
The service provides dedicated support and resources for US hedge funds.
Most asset managers have outsourced some of their trading, or plan to do so.
Trading across asset classes and regions requires resources that managers may not have in-house.
Once the purview of hedge-fund startups, outsourcing is increasingly viable for mid-sized asset managers.
Outsourcing "is no longer a taboo word," Linedata EVP Anup Kumar says.
Demand for outsourcing is growing independent of macro events, practitioners say.
