Point of View - January 2008 Issue - Global Investment Solutions from Northern Trust -

A review of current activity in global financial markets, with an emphasis on U.S. markets.


		Trends in the DC Plan Universe Use of auto enrollment, target date funds surges among defined contribution plans.

		The Dividend Puzzle Stock repurchases are replacing dividends for a new generation of companies.

		Developing a Liability Benchmark New scorecard gives sponsors a clearer view of a plan’s ongoing health and viability.

		The Winds of Change Investors evaluate the opportunities and risks resulting from global climate change.


		Voices: Grant Johnsey Keys to successfully restructuring defined contribution plan assets.

		Global Megatrends Institutional investors adopt a global perspective in pursuit of investment opportunities.

		Ahead of the Curve A starting point for a discussion of the issues that affect the institutional investment community.

Past performance is not necessarily a guide to the future. Index performance returns do not reflect any management fees, transaction costs or expenses. One cannot invest directly in an index. Index performance is based upon information provided by the index providers. There are risks involved with investing, including possible loss of principal. There is no guarantee that the investment objectives of any fund or strategy will be met. Risk controls and asset allocation models do not promise any level of performance or guarantee against loss of principal.

Northern Trust Global Investments (NTGI) comprises Northern Trust Investments, N.A., Northern Trust Global Investments Limited, Northern Trust Global Investments Japan, K.K., the investment advisor division of The Northern Trust Company and Northern Trust Global Advisors, Inc., and its subsidiaries.

This material is directed to eligible counterparties and professional clients only and should not be relied upon by retail investors. For Asia Pacific markets, it is directed to accredited investors, institutional investors, expert investors and professional investors only and should not be relied upon by retail investors. This information is provided for informational purposes only and does not constitute a recommendation for any investment strategy or product described herein. This information is not intended as investment advice and does not take into account an investor’s individual circumstances. Opinions expressed herein are subject to change at any time without notice. Information has been obtained from sources believed to be reliable, but its accuracy and interpretation are not guaranteed.