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Northern Trust Press Release

 
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Northern Trust Asset Management Expands Program for Broker-Dealers Owned by Minorities, Women or the Disabled

CHICAGO, February 05, 2018 —

Northern Trust Asset Management plans to offer more robust investment research and expand its relationship with broker-dealers owned by minorities, women, or people with disabilities by adding firms that provide equity research.

A Request for Information (RFI) was issued today to begin the process of selecting firms with equity research capabilities, which evolves from our long-standing relationships — through the minority brokerage program — with equity and fixed-income trading firms owned by minorities.
 
“Northern Trust Asset Management is among the first in the market with this kind of program, which builds mutually beneficial relationships with firms owned by women, minorities and people with disabilities,” said Chief Investment Officer Bob Browne, CFA.

Research underpins our forward-looking, historically aware investment approach and deep capital markets expertise that powers a comprehensive set of solutions. Our asset class capabilities range from passive and factor-based, to fundamental active and multi-manager.

Complete RFI responses must be sent to Northern Trust Asset Management on March 30, 2018, by 5 p.m. central time. We expect to complete the process in the second quarter. Broker-dealers will be evaluated based on requirements for quality and fit of equity research.

Northern Trust, ranked first by Forbes among America’s Best Employers for Diversity in 2018, is dedicated to strengthening long-term ties with minority-, women-, and disabled-owned broker-

dealers, including securities underwriting and participation in debt issuance. Our diversity commitment also includes the Emerging Managers Program, which invests approximately $2.4 billion with more than 25 emerging and minority-owned investment management firms through manager-of-managers programs.

About Northern Trust Asset Management
Northern Trust Asset Management is a leading global asset management firm serving institutional and individual investors in 29 countries. Our robust investment capabilities span all markets and asset classes, from passive and risk-factor to fundamental active, multi-asset class and multi-manager strategies, delivered in multiple vehicles. As of December 31, 2017, Northern Trust has $1.2 trillion in total assets under management. For more information, please visit our website or follow us on Twitter @NTInvest.
Northern Trust Asset Management comprises Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc. and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.

About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2017, Northern Trust had assets under custody/administration of $10.7 trillion, and assets under management of $1.2 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/disclosures.

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