Northern Trust selected by Osmosis to support fossil fuel-free fund Asset servicing solutions to support launch and distribution strategy for $2 billion sustainable investment manager. March 3, 2021 2:49 PM GMT Northern Trust has been selected by Osmosis Investment Management to provide fund administration, global custody and depositary services for its new fossil fuel-free UCITS Common Contractual Fund (CCF). The strategy, which Osmosis developed amid growing investor appetite to remove carbon risk from investor portfolios, will allow institutional investors to target an uncorrelated source of sustainable alpha from their core equity exposure, with a positive environmental focus. This latest addition to its suite of resource efficient strategies brings Osmosis’ ex–fossil fuel assets under management to over $600 million.