CHICAGO–(BUSINESS WIRE)–U.S. markets ended the fourth quarter of 2021 in record territory with the Dow Jones Industrial Average closing at 36,338, the largest calendar point gain in the benchmark’s history and up 7 .2% for the quarter and 20.9% over the one-year period. The median return for institutional asset holdersRead More →
AUM ETF of over US$140 million designed to provide investors with access to companies investing in private equity LONDON, February 07, 2022–(BUSINESS WIRE)–Northern Trust Asset Management’s FlexShares Exchange Traded Funds today announced the listing of FlexShares shares® Listed Private Equity UCITS ETF (Ticker: FLPE), the company’s first exchange-traded fund (ETF)Read More →
CHICAGO–(BUSINESS WIRE)–Northern Trust Asset Management (NTAM), a unit of Northern Trust (Nasdaq: NTRS), today announced that Michael Hunstad, Ph.D., head of quantitative strategies since 2018, is expanding his management responsibilities to include NTAM’s index stocks and tax-efficient equity teams, both based on the systematic approach that powers the company’s quantitativeRead More →
CHICAGO–(BUSINESS WIRE)–Northern Trust Corporation has released its fourth quarter 2021 financial results. The results can be viewed on Northern Trust’s website at: https://www.northerntrust.com/about-us/investor-relations Webcast of the fourth quarter earnings conference call Northern Trust’s fourth quarter earnings conference call will be webcast on January 20, 2022. The live conference call willRead More →
Northern Trust CompanyThe NTRS’ fourth quarter and 2021 results, due for release Jan. 20, are expected to show gains in revenue and profit from the respective numbers released a year ago. In the most recently reported quarter, NTRS earnings exceeded Zacks’ consensus estimate for the release of credit reserves. TheRead More →
CHICAGO–(BUSINESS WIRE)–The Northern Trust Institute today announced the release of its annual Wealth Planning Outlook report: Wealth, redefined. The Insights provides forward-looking perspectives on wealth planning for business owners, executives, multigenerational families and other wealth owners. The 2022 report examines how the shift in values, primarily driven by the globalRead More →
DUBLIN – (BUSINESS WIRE) – Dec. 20 2021– Northern Trust Asset Management (“NTAM”), one of the world’s leading investment managers, has appointed Alain keating to lead his Dublin-based UCITS management company. This press release features multimedia. See the full version here: https://www.businesswire.com/news/home/20211220005368/en/ Northern Trust Asset Management appoints Alan Keating toRead More →
DUBLIN, December 20, 2021– (COMMERCIAL THREAD) – Northern Trust Asset Management (“NTAM”), one of the world’s leading investment managers, has appointed Alain keating to lead his Dublin-based UCITS management company. This press release features multimedia. See the full version here: https://www.businesswire.com/news/home/20211220005368/en/ Northern Trust Asset Management appoints Alan Keating to leadRead More →
DUBLIN–(BUSINESS WIRE)–Northern Trust Asset Management (“NTAM”), one of the world’s leading investment managers, has appointed Alan Keating to run his Dublin-based UCITS management company. Loaded with $1.2 trillion in investor assets, NTAM is one of the largest investment managers in the world. The company helps investors navigate changing market environmentsRead More →
CHICAGO–(BUSINESS WIRE)–Northern Trust Corporation today announced that it will webcast its fourth quarter 2021 earnings conference call live on Thursday, January 20, 2022. The webcast, earnings press release and documents from related presentation will be available on the Northern Trust website. The call will take place at 11:00 a.m. (ParisRead More →
CHICAGO & LONDON – (COMMERCIAL THREAD) – Northern Trust, a leading global asset manager with $ 1.5 trillion in assets under management, expects strong earnings growth and persistently low interest rates to lead to slowdown but sustainable economic growth in 2022. “Given our favorable economic growth outlook for 2022, weRead More →
Inflation will decline as growth normalizes CHICAGO & LONDON, December 14, 2021–(BUSINESS WIRE)–Northern Trust, one of the world’s leading asset managers with $1.5 trillion in assets under management, expects strong earnings growth and continued growth low interest lead to a slowdown but sustainable economic growth in 2022. “Given our favorableRead More →
JACKSONVILLE, Fla.–(BUSINESS WIRE)–Northern Trust Wealth Management today announced the appointment of John Donahoo as Senior Managing Director of the Northeast Florida Market. Donahoo will lead a team of seasoned professionals who serve high net worth families, endowments and foundations with comprehensive wealth management services in Northeast Florida. Donahoo has overRead More →
LONDON–(BUSINESS WIRE)–Northern Trust (Nasdaq: NTRS) has further enhanced its environmental, social and governance (ESG) investment analytics suite to provide new climate risk reporting for global institutional investor clients. the Climate Focus Report, part of Northern Trust ESG insights suite of reporting solutions, offers clients a range of carbon, physical riskRead More →
DUBLIN – (COMMERCIAL THREAD) – Northern Trust (Nasdaq: NTRS) was appointed by Omba Investments Irish Collective Asset Management Vehicle (ICAV) to provide custodian, custodian and associate services globally for its new umbrella fund, Ireland-domiciled undertakings for collective investment in transferable securities (UCITS). The 100 million US dollars planned Omba InvestmentsRead More →
Melbourne, Australia – (COMMERCIAL THREAD) – Northern Trust (Nasdaq: NTRS) has been appointed to provide a broad range of asset services to Pendal Group Limited (Pendal) in Australia, UK and Ireland. Northern Trust has also extended the number of existing services it provides to Pendal’s US operations. The appointment byRead More →
GUERNESEY – (COMMERCIAL THREAD) – Northern Trust (Nasdaq: NTRS) and Carey Olsen supported Castelnau Group Limited during its initial public offering (IPO) on the London Stock Exchange (LSE). The investment company domiciled in Guernsey, managed by Phoenix asset management, recently launched on the LSE following a £ 178million (approx. USRead More →
CHICAGO–(COMMERCIAL THREAD) – Northern Trust (Nasdaq: NTRS) and Equity Data Science (EDS) have collaborated with Snowflake, the Data Cloud company, to enhance secure data sharing and onboarding for Asset Servicing clients using Investment Data Science capabilities. Leveraging Snowflake’s data sharing and cloud technology, Northern Trust and EDS can deliver aRead More →
CHICAGO–(BUSINESS WIRE)–Northern Trust Corporation today announced that Chairman and Chief Executive Officer Michael G. O’Grady and Chief Financial Officer Jason J. Tyler will speak at the Goldman Sachs US Financial Services Conference in New York Wednesday, December 8, 2021 at 11:20 a.m. (ET). The live webcast of the presentation canRead More →
CHICAGO–(COMMERCIAL THREAD) – Sponsors of U.S. institutional plans saw minimal gains in the third quarter of 2021, according to the Northern Trust Universe. The plan’s median return for the third quarter of 2021 was 0.2%, as volatile stock markets hit record highs but ended at the same level for theRead More →
STOCKHOLM – (COMMERCIAL THREAD) – Northern Trust Asset Management (NTAM), one of the world’s leading investment managers, has appointed Alexandra kovalenko at the head of its Swedish subsidiary, with the responsibility of leading sales in the Nordic region. Kovalenko’s appointment closely follows the continued growth of Northern Trust Asset ManagementRead More →
CHICAGO–(COMMERCIAL THREAD) – Northern Trust, a leading provider of wealth management services, has been named “Best Private Bank in the United States” by Professional Wealth Management and The Banker magazines, publications of the Financial Times group. Northern Trust was also named “Best Private Bank in the United States for FamilyRead More →
CHICAGO–(COMMERCIAL THREAD) – Northern Trust Wealth Management announced today that Marty Morris has joined the Foundation & Institutional Advisors (FIA) practice as a Senior Portfolio Manager at its Chicago headquarters. In this role, Morris provides investment solutions in the not-for-profit sector for the full range of client needs: investment strategy,Read More →
TORONTO – (COMMERCIAL THREAD) – Canadian pension returns were slightly positive in the third quarter, as global equity markets weakened after falling in September, according to the Northern Trust Canada Universe. A wave of disruptive forces clouded the stock and bond markets in September, including problems in China, the threatRead More →
Northern Trust Company NTRS reported earnings per share of $1.80 in the third quarter of 2021, which beat Zacks’ consensus estimate of $1.67 on the release of credit reserves. Net income increased by $1.32 year over year. The results were positively influenced by an increase in net interest income andRead More →
Northern Trust CompanyNTRS third-quarter 2021 results, due for release Oct. 20, are expected to reflect year-over-year revenue and profit growth. In the past quarter, the company’s earnings beat Zacks’ consensus estimate for the release of credit reserves. Results were positively impacted by an increase in trust, investment and other serviceRead More →
LONDON–(BUSINESS WIRE)–Northern Trust Asset Management’s FlexShares Exchange Traded Funds today announced the launch of two exchange-traded funds (ETFs) focused on the emerging markets climate: the FlexShares® Emerging Markets High Dividend Climate ESG UCITS ETF (QDFE) and the FlexShares® Emerging Markets with Low Climate Volatility ESG UCITS ETF (QVFE). These strategiesRead More →
CHICAGO–(BUSINESS WIRE)–Northern Trust Asset Management today announced that Angelo Manioudakis has been appointed chief investment officer for the global financial institution with over $1.2 trillion in assets under management as of June 30, 2021. He will begin office on September 27. Manioudakis brings a wealth of experience to this role,Read More →
CHICAGO–(BUSINESS WIRE)–Northern Trust Corporation today announced that it will webcast its third quarter 2021 earnings conference call live on Wednesday, October 20, 2021. The webcast, earnings press release and documents related presentation will be available on the Northern Trust website. The call will take place at 9:00 a.m. PT, followingRead More →
CHICAGO & LONDON–(BUSINESS WIRE)–The global economy will see annualized real growth of 2.9% over the next five years, along with annualized inflation of 1.7% in developed markets, according to Northern Trust’s Capital Market Assumptions report, which is a five-year perspective. The company predicts that still-low interest rates will support positiveRead More →
Melbourne, Australia–(BUSINESS WIRE)–Northern Trust (Nasdaq: NTRS) today announced that it has appointed Leon Stavrou leading its operations in Australia and New Zealand. Stavrou was most recently a Director of Global Services responsible for Northern Trust’s asset management operations across Australia and ensuring the delivery and development of Northern Trust’s bespokeRead More →