Northern Trust has been appointed by Omba Investments Irish Collective Asset-management Vehicle (ICAV) to provide global custody, depositary and associated services for its new Ireland-domiciled Undertakings for Collective Investment in Transferable Securities (UCITS) umbrella fund. The planned USD 100 millionOmba Investments ICAV (Omba) umbrella fund will launch with two new UCITS funds, the OmbaGlobal Thematic Fundand OmbaGlobal Equity Fund. Thereafter, and post Central Bank of Ireland (CBI) merger approval, the umbrella will also incorporate the existing OmbaModerate Risk Global Allocation Fund. This iscurrently a sub-fund on the Prescient Global Funds ICAV multi-manager platform, for which Northern Trust also provides custody and depositary services. The Omba Global Thematic Fund is an actively-managed equity strategy that invests in a diversified set of equity themes through ETFs and single stocks. The Omba Global Equity Fund is a subset of equity positions in the moderate risk fund, providing investors with a diversified global equity strategy utilising country, sectoral, thematic and factor ETFs.