Northern Trust has enhanced its collateral management system to include forward settling mortgage-backed securities (MBS) in response to new margin recommendations affecting asset managers that use the securities in a variety of fixed income trading strategies.
To offer investors exposure to the full spectrum of emerging markets debt with the potential for higher yields, diversification and an attractive risk-return profile, Northern Trust has launched the Northern Multi-Manager Emerging Markets Debt Opportunity Fund (NMEDX).
Newly established investment management company Cameron Hume Limited has appointed Northern Trust (Nasdaq: NTRS) to provide full investment operations outsourcing for its assets under management on behalf of large, sophisticated institutional clients.
Northern Trust announced today that it has been selected to provide Outsourced Chief Investment Officer (OCIO) services for Medica Foundation, based in Minneapolis, Minnesota. Northern Trust's Foundation and Institutional Advisors team, which provides OCIO services for mid-sized nonprofit organizations, will manage approximately $25 million for the foundation.
Northern Trust announced today that Northern Focused Portfolios (NFP) model portfolios have been added to FDx Advisors Unified Overlay Management Program platform. The NFP portfolios are a series of active, passive and blended models created through tactically-weighted asset allocation of proprietary and non-proprietary mutual funds and ETFs which seek to emphasize consistent and competitive performance while managing volatility and risk.
Northern Trust announced today it has designated $150,000 to Typhoon Haiyan relief efforts through the American Red Cross. It also has committed to match employee donations worldwide to support relief efforts.
Northern Trust announced today that Arti Sharma has joined as head of The Northern Trust Company, Canada. Based in Toronto, Sharma is responsible for all of Northern Trust's operations in the Canadian market.
Institutional investment plans had solid performance in the third quarter, returning 4.4 percent at the median during the three months ending September 30, according to data in the Northern Trust Universe.
Matthew Peron has been named Managing Director, Global Equity at Northern Trust Asset Management, a new role that brings together active and index equity teams in order to harness the strengths of both disciplines in the development of investment solutions for Northern Trust clients.