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Press Release Archive

  • Northern Trust Hedge Fund Services Survey: Managers and Investors Hold Surprisingly Similar Views on Global Financial Regulations
    November 30, 2015

    Since the 2008-09 global financial crisis, regulators rolled out multiple, substantial regulations aimed at mitigating systemic risk. Over time, popular opinion has held that investors largely favor the new rules while managers of hedge funds uniformly oppose them. However, a survey from Northern Trust Hedge Fund Services reveals that investors and fund managers express surprisingly similar views on regulation.
  • Northern Trust Enhances Reporting for Fund Managers
    November 16, 2015

    Northern Trust announced today it has enhanced its multi-faceted web portal, Passport®, to include more comprehensive fund accounting data and enhanced self-service reporting.
  • Ali Sheikh Appointed Head of Northern Trust Hedge Fund Services in Asia Pacific
    November 12, 2015

    Northern Trust (Nasdaq: NTRS) today announces the appointment of Ali Sheikh as head of Hedge Fund Services, Asia-Pacific. Based in Hong Kong, Sheikh will be responsible for leading Northern Trust’s Hedge Fund Services business across the Asia-Pacific region. He reports to Peter Sanchez, global head of Northern Trust Hedge Fund Services.
  • Northern Trust Poll: Value of UK Authorised Contractual Scheme Funds Likely to Reach GBP250 Billion by 2017
    November 10, 2015

    The value of UK Authorised Contractual Scheme (ACS) funds under management in the UK is likely to exceed GBP250 billion by 2017, according to a Northern Trust survey of UK based finance professionals. Nearly half of the approximate 50 delegates who were surveyed at a recent seminar hosted by Northern Trust in London predicted the growth surge in assets for the ACS, the UK’s first regulated tax-transparent funds regime. A further 22 percent of delegates predicted the value would reach the GBP500 billion mark.
  • Northern Trust Appoints Bo Thulin as Country Head, Nordics
    November 09, 2015

    Northern Trust (Nasdaq: NTRS) announced today that it has hired Bo Thulin to lead its Nordic business. Based in Stockholm, Thulin is responsible for managing the growth and development of Northern Trust’s asset servicing and asset management business activities across Sweden, Finland, Norway and Denmark. He will report to Penelope Biggs, head of the Institutional Investor Group for Europe, Middle East and Africa (EMEA), at Northern Trust.
  • Equity Market Downturn Weighs on Institutional Asset Owners
    November 02, 2015

    In the third quarter of 2015, institutional asset owners lost 4.6 percent at the median, according to Northern Trust Universe data. This marked a noteworthy drop from the 0.2 percent median gain recorded in the second quarter.
  • Northern Trust Corporation to Present at the BancAnalysts Association of Boston Conference in Boston
    October 26, 2015

    Northern Trust Corporation announced today that Executive Vice President and Chief Financial Officer S. Biff Bowman will speak at the BancAnalysts Association of Boston Conference on Thursday, November 5, 2015 at 2:40 p.m. (ET) at the Langham Hotel in Boston.
  • Northern Trust Asset Management Hires Managing Director for Europe, Middle East and Africa
    October 26, 2015

    Northern Trust (Nasdaq: NTRS) Asset Management has named Hazel McNeilage as Managing Director for Europe, Middle East and Africa (EMEA), in line with its continuing focus on building relationships with institutional clients across the region.
  • Alternative Assets in DC Plans Require Effective Operational Strategy, says Northern Trust
    October 22, 2015

    As plan sponsors search for ways to find value while adding diversification among asset classes in their defined contribution (DC) plans, many have considered offering alternative assets as an investment option. Alternative assets provide the benefits of diversification and low correlation to traditional asset class performance. However, concerns around the scalability, liquidity, and valuation needs of DC plans have inhibited their use as a viable investment option.
  • Northern Trust Survey: Investment Managers Less Confident in U.S. Outlook, See Risk in Emerging Markets
    October 15, 2015

    Investment managers are less optimistic on the prospects for U.S. economic growth in the near term and more concerned about the potential impact of an emerging markets slowdown on stock prices, according to a quarterly survey by Northern Trust Asset Management.