J O Hambro Capital Management Outsources Trading to Northern Trust — Northern Trust Corporation (Northern Trust Asset Management)

Event summary

Northern Trust’s Integrated Trading Solutions (ITS) appointed as sole outsourced trading provider for J O Hambro Capital Management (JOHCM).
JOHCM manages £16.8 billion (US$22.7 billion) in assets under management as of June 30, 2026.
The partnership extends JOHCM’s trading capabilities across global markets and time zones.
Northern Trust will provide round-the-clock coverage, liquidity, and broker network access.
Members of JOHCM’s trading team invited to join Northern Trust for continuity of coverage.

The big picture

The partnership reflects a broader industry trend of asset managers outsourcing non-core functions to focus on investment decisions. Northern Trust’s ITS model provides 24/6 global market coverage, combining agency-only trading expertise with integrated middle and back-office services. This deal underscores the growing momentum among investment managers to view outsourced trading as a strategic component of evolving operating models.

What we're watching

Operational Efficiency: How the outsourcing of trading services will impact JOHCM’s operational resilience and cost structure.
Market Reach: The pace at which Northern Trust can expand JOHCM’s trading capabilities across global markets.
Talent Retention: Whether Northern Trust can successfully integrate JOHCM’s trading team members.