Northern Trust

Northern Trust Appointed to Provide Integrated Trading Solutions to Waverton Investment Management

Retrieved on: 
Thursday, December 14, 2023

Northern Trust (Nasdaq: NTRS) today announces that its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Waverton Investment Management (Waverton), an independent investment manager providing services for private and professional clients.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announces that its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Waverton Investment Management (Waverton), an independent investment manager providing services for private and professional clients.
  • Northern Trust is supporting the trading of equities, derivatives and fixed income assets as Waverton’s sole provider of trading services.
  • Northern Trust continually innovates and invests in technology in support of its clients, delivering a differentiated approach to trading that includes ITS, offered through Institutional Brokerage.
  • Both are part of Northern Trust Capital Markets, which also provides foreign exchange, securities lending and transition management services.

Northern Trust Reappointed Asset Servicing Provider for the CAD 103 Billion Healthcare of Ontario Pension Plan

Retrieved on: 
Wednesday, December 13, 2023

Northern Trust (Nasdaq: NTRS) announced today that it has been reappointed as asset servicing provider for the CAD 103 billion Healthcare of Ontario Pension Plan (HOOPP), including global custody, foreign exchange and securities lending services.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) announced today that it has been reappointed as asset servicing provider for the CAD 103 billion Healthcare of Ontario Pension Plan (HOOPP), including global custody, foreign exchange and securities lending services.
  • HOOPP is one of the strongest and most stable defined benefit (DB) pension plans in Canada.
  • “We are proud that HOOPP renewed our longstanding partnership,” said Katie Pries, President and CEO of Northern Trust, Canada.
  • With a rich heritage and intricate understanding of the Canadian landscape, Northern Trust Canada is able to provide meaningful insights and strategic perspectives to market participants.

Northern Trust Appoints Wing Wilson Chief Fiduciary Officer, East Region

Retrieved on: 
Tuesday, December 12, 2023

Northern Trust has appointed Wing Wilson as Chief Fiduciary Officer, East Region, where she will lead the team in the delivery of fiduciary and advisory services to families, individuals and foundations.

Key Points: 
  • Northern Trust has appointed Wing Wilson as Chief Fiduciary Officer, East Region, where she will lead the team in the delivery of fiduciary and advisory services to families, individuals and foundations.
  • View the full release here: https://www.businesswire.com/news/home/20231212635719/en/
    In this role, Wilson, who will be based in New York City, will have fiduciary oversight across Northern Trust’s East region, spanning from Florida to the New England states.
  • Wilson has more than 15 years of experience in fiduciary services, including most recently as Director, Senior Regional Fiduciary Manager for BNY Mellon Wealth Management, where she led all aspects of fiduciary business for the broader New York region.
  • “Wing’s integrity and expertise in navigating the complex fiduciary issues facing ultra-high net worth families and individuals will benefit our clients and accelerate the growth of our fiduciary services across the region,” said Pam Lucina, Chief Fiduciary Officer for Northern Trust.

Broadstreet Names Chris Rakers to Lead Fast-growing Fund Administration Business

Retrieved on: 
Tuesday, December 12, 2023

Broadstreet Impact Services has named a seasoned fund solutions executive to lead its fund administration team as part of a multi-year strategy to continue the firm’s significant growth.

Key Points: 
  • Broadstreet Impact Services has named a seasoned fund solutions executive to lead its fund administration team as part of a multi-year strategy to continue the firm’s significant growth.
  • This week, Chris Rakers joined Broadstreet as managing director of fund administration following almost two decades leading tech-enabled fund operations for alternative investment managers.
  • He also served in various roles at Custom House Fund Services, including as chief operating officer, leading a global fund administration team across the US, Europe, and Asia.
  • “We are excited to add Chris’ remarkable range of fund administration experience to our existing impact investing expertise,” said Kevin Boes, CEO of Broadstreet.

Northern Trust Corporation to Webcast Fourth Quarter 2023 Earnings Conference Call

Retrieved on: 
Monday, December 11, 2023

Northern Trust Corporation announced today that it will webcast its fourth quarter 2023 earnings conference call live on Thursday, January 18, 2024.

Key Points: 
  • Northern Trust Corporation announced today that it will webcast its fourth quarter 2023 earnings conference call live on Thursday, January 18, 2024.
  • The webcast, the earnings press release, and related presentation materials will be accessible on Northern Trust’s website .
  • The call will be conducted at 8:00 a.m. (CT), following the release that morning of Northern Trust’s fourth quarter 2023 earnings press release.
  • A replay of the webcast will be available for approximately four weeks after the date of the call.

Climate Vault Announces Recipients of Carbon Champion Awards

Retrieved on: 
Monday, December 11, 2023

Climate Vault , an award-winning climate solutions leader, announced today the recipients of its first annual Carbon Champion award program.

Key Points: 
  • Climate Vault , an award-winning climate solutions leader, announced today the recipients of its first annual Carbon Champion award program.
  • Recipients represent a cross section of industries that are using Climate Vault to reduce and remove carbon emissions to make a verifiable impact on the planet.
  • “Our Carbon Champion recipients’ vital work, and those of all Climate Vault partners, demonstrates that it is possible for organizations to take credible, voluntary actions to reduce their carbon footprints.
  • Climate Vault is honored to work closely with our pioneering and industry leading partners.”
    Visit Climate Vault online to learn more about its verifiable and science-based approach to carbon reduction and removal.

Northern Trust Selected as Custodian for Nebraska Investment Council Pension Funds

Retrieved on: 
Wednesday, December 6, 2023

Northern Trust (Nasdaq: NTRS) announced today that it has been selected by the Nebraska Investment Council (NIC) to provide asset management and asset servicing solutions, including custody, portfolio analytics and securities lending, for its pension fund.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) announced today that it has been selected by the Nebraska Investment Council (NIC) to provide asset management and asset servicing solutions, including custody, portfolio analytics and securities lending, for its pension fund.
  • Established in 1969 as a centralized state investment agency, the NIC provides investment services to the state of Nebraska and is responsible for the investment of assets in state pensions and trust funds.
  • NIC selected Northern Trust for several reasons, including its high touch client service model, its advanced online technology platform and its ability to create operational efficiencies for the team's day-to-day investment activity.
  • “Northern Trust’s commitment to client service differentiated them amongst the competition,” said Michael Walden-Newman, CIO of the Nebraska Investment Council.

Northern Trust Selected Asset Servicing Provider for $29 Billion Costco Retirement Plan

Retrieved on: 
Thursday, November 16, 2023

Northern Trust (Nasdaq: NTRS) announced today that it has been selected by Costco Wholesale Corporation to provide custody, daily valuation and brokerage services for Costco’s defined contribution retirement plan, with $29 billion in assets.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) announced today that it has been selected by Costco Wholesale Corporation to provide custody, daily valuation and brokerage services for Costco’s defined contribution retirement plan, with $29 billion in assets.
  • As of its last earnings release, Costco operates 861 warehouses, including 591 in the United States and Puerto Rico.
  • “We are honored to be selected as asset servicing partner for Costco’s defined contribution plan,” said Melanie Pickett, Head of Asset Owners, Americas at Northern Trust.
  • We look forward to providing outstanding client service to Costco.”
    Northern Trust has had an unwavering and longstanding commitment to the asset owner space for many decades.

Northern Trust Anchor Award Goes to Nourishing Hope

Retrieved on: 
Thursday, November 16, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231116374629/en/
    The Northern Trust Anchor Award (Photo: Business Wire)
    The Anchor Award aims to build the capacity of highly effective nonprofit organizations with a grant designed to strengthen infrastructure, systems, skills and resources.
  • The Award is a new facet to Northern Trust’s nearly 135-year history of philanthropic support, including nearly $170 million over the past decade.
  • “We’re deeply honored to receive the first-ever Anchor Award from Northern Trust, a transformative investment in our work and impact,” Nourishing Hope CEO Kellie O’Connell said.
  • Northern Trust invited select past or current Northern Trust Foundation grantees to participate in the Anchor Awards process.

Northern Trust Leaders to Participate in Goldman Sachs 2023 US Financial Services Conference on December 6th

Retrieved on: 
Tuesday, November 14, 2023

Northern Trust Corporation announced today that Chairman and Chief Executive Officer Michael O’Grady and Chief Financial Officer Jason Tyler will participate in the Goldman Sachs 2023 US Financial Services Conference in New York City on Wednesday, December 6th, 2023, at 10:40 a.m. (ET).

Key Points: 
  • Northern Trust Corporation announced today that Chairman and Chief Executive Officer Michael O’Grady and Chief Financial Officer Jason Tyler will participate in the Goldman Sachs 2023 US Financial Services Conference in New York City on Wednesday, December 6th, 2023, at 10:40 a.m. (ET).
  • A live webcast of the event may be accessed via Northern Trust's website ( www.northerntrust.com ) in the investor relations section.
  • A replay will be available for approximately four weeks after the session date.