Northern Trust Logo

Multi-Manager Solutions


The Best Ideas From the Best Talent Worldwide through Northern Trust's Multi-Manager Program

Northern Trust offers a comprehensive range of manager-of-managers programs to institutional clients and families.

What is more, we create customized investment programs—from niche solutions to a complete investment management program for your total fund. These include actively managed international and U.S. equity, and fixed income, emerging and minority manager, family investment programs, and alternative investments.

Choosing Top Investment Talent
To get top tier results, we find superior investment talent. And our manager selection process identifies top talent, worldwide. We perform exhaustive qualitative and quantitative reviews of a firm, including more than 800 face-to-face visits with individual management firms a year. Only those firms who pass these reviews are eligible for placement within a portfolio, based on a thorough assessment of the firms' style emphasis and the market cycle.

Multi-manager Services You'll Find

  • International and U.S. equity, and fixed income
  • Multinational investment program management
  • Emerging and minority manager program
  • Family investment programs
  • Alternative investments, including hedge fund strategies

Why Work with Northern Trust

  • Proven process for identifying and evaluating managers around the world
  • Superior historical investment results versus stated benchmarks, at reduced level of risk
  • Cost effective solutions
  • Diversification of managers, products, and services
  • Access to alternative investments
  • Customized investment programs
  • Reduced administrative burden
  • Ongoing investment management supervision—we constantly monitor and assess portfolios to compare quantitative results with qualitative expectations
David Lester

David Lester

Senior Vice President
person icon
View Profile
Hide Profile
David Lester

David Lester

Senior Vice President

David Lester is a Senior Vice President at Northern Trust Global Advisors. Based in the Toronto office, David leads the asset management sales effort at Northern Trust in Canada. With a focus on providing innovative investment and outsourcing solutions to the marketplace, David will be working closely with pension plan sponsors, charitable organizations, and other institutional investors. David started his investment career in 1996 with a retail mutual fund company. Prior to joining Northern Trust, David spent 12 years at SEI, most recently as the Director of National Accounts where he lead the firm’s institutional sales and marketing efforts.

David has authored a range of articles on pension-related topics in addition to speaking at industry conferences. He is a past chair of the Ontario Regional Council of the Canadian Pension & Benefits Institute and is a member of the Toronto CFA Society.

David holds a Bachelors Degree in Mechanical Engineering from McGill University where he was awarded the British Association Medal for Great Distinction. David graduated from INSEAD in Fontainebleau France with distinction, where he received a Masters Degree in Business Administration.

Manager of Managers Investment Solutions Brochure

Identify talent, manage risk, monitor performance.

© 2015 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local regulation. For more information, read our legal and regulatory information about individual market offices.

Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, and personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company. This material is directed to professional clients only and is not intended for retail clients. For Asia-Pacific markets, it is directed to expert, institutional, professional and wholesale investors only and should not be relied upon by retail clients or investors. Issued in the United Kingdom by Northern Trust Global Investments Limited.