UK boutique asset manager Brickwood Asset Management has appointed Northern Trust as its whole office asset servicing solutions provider, spanning front, middle and back-office functions.
Founded last year, Brickwood Asset Management is an independent UK-based asset manager specialising in value investing. The firm was established by veteran equity fund manager Ben Whitmore, formerly of Jupiter Asset Management, alongside co-founders Claudia Ripley, Dermot Murphy and Kevin Murphy.
Northern Trust will provide investment data science tools through its partnership with Equity Data Science, helping Brickwood digitise and optimise its investment process. It will also offer outsourced trading, alongside middle-office services, fund administration, global custody, client reporting and performance management.
Mike Tumilty, COO Aegon AM, gives keynote interview at FundsTech Forum 2025
Claudia Ripley, CEO of Brickwood Asset Management, commented: “Partnering with Northern Trust supports our ambitions to grow our business and scale our distribution. It will help us meet all operational requirements, from digitising our investment process to supporting our trading, risk management, and investor reporting, through a single provider.”
By integrating data-driven tools and operational efficiency solutions, the collaboration aims to enhance Brickwood’s investment process, accelerate decision-making, and drive scalability.
Laurence Everitt, head of global fund services, UK at Northern Trust, added: “The Brickwood Asset Management team’s exceptional track record, ambitious plans, and focus on implementing a scalable operating model to accommodate evolution and growth is something we’re really excited about. Our whole office strategy brings benefits for our client throughout their investment chain – supporting decision-making, speed-to-market, and competitiveness – while complementing the team’s core focus on managing money on behalf of its clients.”
