MELBOURNE, AUSTRALIA and HONG KONG–(BUSINESS WIRE)–Northern Trust Asset Management, one of the world’s leading investment managers, has created a team of Asia-Pacific-focused quantitative specialists based in Melbourne and Hong Kong. Leading the newly created team from Melbourne, Scott Bennett who has been appointed Head of Quantitative Investment Solutions, Asia-Pacific, and joins Northern Trust Asset Management’s Asia-Pacific Leadership Group.
“Throughout the pandemic, Northern Trust Asset Management has remained focused on supporting the needs of our clients and has seen increased growth across the region, particularly due to demand for our integrated quantitative and environmental, social and Governance (ESG),” said John McCareins, head of Northern Trust Asset Management in Asia-Pacific. “By building our local team of experts for quantitative investment solutions, we are ensuring that we are well positioned to continue to meet the demands of our existing and new clients.”
Bennett joined Northern Trust Asset Management in 2018 to take on the newly created role of Head of Quantitative Research for Australia and New Zealand. Prior to joining the asset manager, he spent 14 years with global asset manager Russell Investments and over the course of his career held various positions in Australia and the United States.
“Our suite of quantitative strategies is designed to meet the unique needs of our investors around the world,” said Michael Hunstad, Ph.D. Head of Quantitative Strategies at Northern Trust Asset Management. “Under Scott’s leadership, we are excited to expand our innovative solutions, factor research and client solutions across Asia-Pacific, bringing our carefully built, results-driven quantitative capabilities to more clients.”
Northern Trust Asset Management is one of the largest investment managers in the world. The company helps investors navigate changing market environments, so they can confidently achieve their long-term goals. His investment philosophy is rooted in the belief that investors should be compensated for the risks they take – in all market environments and all investment strategies.
By combining sound capital markets research, expert portfolio construction and comprehensive risk management, Northern Trust Asset Management is able to design innovative and effective solutions that deliver targeted investment results. Its solutions and various information are provided to clients from its network of offices around the world. Northern Trust Asset Management has four offices in Asia Pacific, in Tokyo, Hong Kong, Singapore and Melbourne.
About Northern Trust Asset Management
Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments, so they can confidently achieve their long-term goals. With US$1.3 trillion in investor assets as of December 31, 2021, we understand investing ultimately serves a greater purpose and believe investors should be compensated for the risks they take – in all market environments and all investment strategies. That’s why we combine sound capital markets research, expert portfolio construction and comprehensive risk management to design innovative and effective solutions that deliver targeted investment results. As committed contributors to our communities, we consider it a great privilege to serve our investors and our communities with integrity, respect and transparency.
Northern Trust Asset Management is comprised of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, KK, NT Global Advisors, Inc., 50 South Capital Advisors, LLC , Belvedere Advisors LLC and the investment staff of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.