News and Notes
Wealth Wins Award of Excellence
Wealth magazine has been awarded an APEX 2006 Award of Excellence for a Custom Published Magazine. APEX 2006 — the 18th Annual Awards for Publication Excellence — is an international competition that recognizes outstanding publications from newsletters and magazines to annual reports, brochures and Web sites. According to the judges, “Each year the quality of entries increases. Overall, this year’s entries displayed an extraordinary level of quality.”
The APEX awards are based on excellence in graphic design, quality of the editorial content and the success of the entry in conveying the message and achieving overall communications effectiveness.
Top Corporate Citizen
Business Ethics magazine has again named Northern Trust to its 100 Best Corporate Citizens list in 2006. This closely watched survey has gained national recognition as an indicator of best practices in corporate social responsibility, and reflects Northern Trust’s commitment to diversity and fairness in the workplace, and to the business integrity of its employees around the world.
The 100 Best Corporate Citizens are chosen from firms in the Russell 1000, the S&P 500 and KLD’s Domini 400 Social Index. These firms are ranked on their performance in eight stakeholder categories including shareholders, community, governance, diversity, employees, environment, human rights and product. This is the fifth time Northern Trust has been named to the list.
Northern Trust Launches THREE Multi-Manager Equity Funds
To address the increasing desire of individual investors to allocate their portfolios among a range of managers, Northern Trust recently launched three new multi-manager equity funds in its family of mutual funds: the Northern Multi-Manager Small Cap Fund, the Northern Multi-Manager Mid Cap Fund and the Northern Multi-Manager International Equity Fund. The three funds provide access to optimized portfolios of external investment managers previously available primarily to institutional investors.
Accordingly to Andrew C. Smith, chief investment officer of Northern Trust Global Advisors, “our multi-manager approach takes advantage of Northern Trust’s expertise in constructing portfolios of specialty investment managers that complement each other, add diversification and offer the possibility of superior performance.” If you would like to learn more about whether Northern Trust’s new multi-manager funds would be appropriate in your portfolio, contact your Relationship Manager or the Northern Trust location nearest you.
Northern Trust’s new Wealth Passport enables ultra-high-net-worth families, their family offices and their advisors to know exactly what they’re worth at any given point in time. Delivered through the Wealth Management Group, this state-of-the-art technology provides data aggregation, general ledger reporting and other powerful features. An integrated financial management system, Wealth Passport can significantly reduce the 44 hours spent by the typical family office each month to gather, consolidate and integrate data into a single financial and net worth statement. To learn more about Wealth Passport and the benefits it can provide your family office, contact your Relationship Manager.