For the sixth consecutive year, The Asset has recognized Northern Trust for "Best Custody Specialist - Institutional" in the Triple A Asset Servicing awards, highlighting its commitment to high touch client servicing and its unique global operating model.
Northern Trust Corporation, holding company of The Northern Trust Company, today declared a quarterly cash dividend of $0.33 per share on its common stock ($1.66-2/3 par value), payable on October 1, 2014 to stockholders of record on September 5, 2014.
Investment manager confidence in U.S. economic growth reached a five-year high in Northern Trusts quarterly survey, but expectations for inflation were up as well. The survey also found concern about geopolitical risk, with seven out of 10 respondents saying the Russia-Ukraine conflict could have a negative impact on equity markets.
Northern Trust (Nasdaq: NTRS) has won two contracts under the National LGPS (local government pension scheme) Framework for Global Custody Services with Cambridgeshire and Northamptonshire pension funds.
Northern Trust Corporation announced today that it will webcast its second quarter 2014 earnings conference call live on Wednesday, July 16, 2014. The webcast will be accessible on Northern Trusts web site: www.northerntrust.com/financialreleases.
To support its continued focus on China, Northern Trust Asset Management has appointed Benze Lam as head of the Greater China region. In this newly created role, Lam will lead a team of relationship and sales experts dedicated to supporting Northern Trust Asset Management's clients across Mainland China, Hong Kong, Macau and Taiwan.
Mamadou-Abou Sarr has been named global head of Environmental, Social and Governance (ESG) investing at Northern Trust Asset Management, a newly created role designed to meet increasing demand for responsible investing strategies in markets worldwide.
Devon County Council has appointed Northern Trust (Nasdaq: NTRS) to provide global custody and securities lending for the funds GB£3 billion (approximately US$5 billion) in pension fund assets. The appointment was made using the National LGPS Global Custodian Framework.