The Northern Trust

Northern Trust Universe Data: Returns Stumbled in Q3 Under Stress from Inflation and Continued Interest Rate Hikes

Retrieved on: 
Wednesday, November 9, 2022
Banking, Asset Management, Professional Services, Finance, Universe, Federal Reserve, The Northern Trust, Education, Communities and Justice Directorates, Northern Trust, Q3, Risk management, Government, Risk, Security (finance), Q2, ERISA

As markets continued to sell off, the median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was -4.2% for the quarter ending September 30, 2022.

Key Points: 
  • As markets continued to sell off, the median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was -4.2% for the quarter ending September 30, 2022.
  • Investor response to Federal Reserve interest rate increases of 75 basis points in June and again in September contributed to the Northern Trust U.S. equity program universe median return declining 4.4% for the third quarter.
  • The Northern Trust Corporate (ERISA) universe median return was -6.4% for the third quarter.
  • The Northern Trust Foundation and Endowment (F&E) universe produced a -3.5% median return for the second quarter.

Northern Trust Raises Prime Rate

Retrieved on: 
Wednesday, November 2, 2022
Banking, Professional Services, Finance, Head Office, Industry, Nasdaq, The Northern Trust, Pension fund, Northern Trust

The Northern Trust has increased its prime rate from 6.25% to 7.00%, effective Thursday, November 3, 2022.

Key Points: 
  • The Northern Trust has increased its prime rate from 6.25% to 7.00%, effective Thursday, November 3, 2022.
  • 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.
  • As of September 30, 2022, Northern Trust had assets under custody/administration of US$12.8 trillion, and assets under management of US$1.2 trillion.
  • Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S.

Northern Trust Pension Universe Data: Canadian Pension Plan Returns Advanced in Q3 2022 Amid Volatile Markets

Retrieved on: 
Monday, October 31, 2022
Professional Services, Other Professional Services, Finance, Asset Management, Consulting, Banking, Personal Finance, Universe, The Northern Trust, Fed, Communication services sector reshuffle, Recession, Pressure, Policy, Bank, Environment, MSCI, Head Office, CEO, Central bank, Bank of Japan, CAD, Real estate, BOC, Industry, Federal, Bank of China, Pension, Fixed income, Investment, Food, Bank of England, European Central Bank, Corporation, Consumer, Energy and Utility Skills, ECB, Unemployment, International, Energy, Bank of Canada, Nasdaq, Boj, Pension fund, Cryptocurrency, Drug, Security (finance), Northern Trust

The median Canadian Pension Plan returned 0.76% for the quarter and -14.75% year to date as of September 30, 2022.

Key Points: 
  • The median Canadian Pension Plan returned 0.76% for the quarter and -14.75% year to date as of September 30, 2022.
  • Measures taken by central banks to restore equilibrium across the global economy cascaded down to the investments of Canadian pension plans.
  • The Northern Trust Canada Universe tracks the performance of Canadian institutional defined benefit plans that subscribe to performance measurement services as part of Northern Trusts asset service offerings.
  • Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S.

Northern Trust Raises Prime Rate

Retrieved on: 
Wednesday, September 21, 2022
Banking, Professional Services, Finance, The Northern Trust, Head Office, LinkedIn, Nasdaq, Industry, Pension fund, Northern Trust

The Northern Trust has increased its prime rate from 5.50% to 6.25%, effective Thursday, September 22, 2022.

Key Points: 
  • The Northern Trust has increased its prime rate from 5.50% to 6.25%, effective Thursday, September 22, 2022.
  • 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.
  • As of June 30, 2022, Northern Trust had assets under custody/administration of US$13.7 trillion, and assets under management of US$1.3 trillion.
  • Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S.

 Northern Trust Universe Data: Institutional Investors Struggled in Q2 Amid Global Market Declines and Inflation

Retrieved on: 
Wednesday, August 3, 2022
Banking, Asset Management, Professional Services, Finance, Universe, Federal, Government, The Northern Trust, COVID-19, ERISA, Education, Communities and Justice Directorates, Risk management, Northern Trust, Risk, Federal Reserve, Q2, Security (finance)

Institutional investors continue to feel the impact of global events as well as inflation in the U.S. economy, said Amy Garrigues, global head of Investment Risk and Analytical Services at Northern Trust.

Key Points: 
  • Institutional investors continue to feel the impact of global events as well as inflation in the U.S. economy, said Amy Garrigues, global head of Investment Risk and Analytical Services at Northern Trust.
  • The Northern Trust U.S. equity program universe median return fell 16.4% for the quarter.
  • The Northern Trust Corporate (ERISA) universe median return for the second quarter was -10.9%, while its one-year return remained in negative territory at -14.6%.
  • The Northern Trust Foundation and Endowment (F&E) universe produced a -7.0% median return for the second quarter.

Northern Trust Universe Data: Surging Inflation Brought Volatility Back to the Market in the First Quarter

Retrieved on: 
Wednesday, May 4, 2022
Banking, Other Professional Services, Professional Services, Finance, Universe, ERISA, Government, Natural gas, Russell 1000 Index, Foundation, Education, Communities and Justice Directorates, Risk, The Northern Trust, Northern Trust, Russell, Risk management, Cryptocurrency, Life insurance, Endowment

The Northern Trust Corporate (ERISA) universe median return for the quarter was -6.9%.

Key Points: 
  • The Northern Trust Corporate (ERISA) universe median return for the quarter was -6.9%.
  • The Northern Trust Foundation and Endowment (F&E) universe produced a -4.0% median return for the quarter while the Northern Trust Public Funds universe median returned -3.4% in the quarter.
  • The Northern Trust U.S. equity program universe median return fell 6.0% for the quarter.
  • The Northern Trust Foundations & Endowments universe plans median one-, three- and five-years returns were 7.6%, 11.7% and 9.9% respectively.

Northern Trust Pension Universe Data: Canadian Pension Plan Returns Retreat Amidst Market Uncertainty During the First Quarter Of 2022

Retrieved on: 
Friday, April 22, 2022
Finance, Consulting, Banking, Accounting, Professional Services, Universe, Head Office, CEO, Fed, Information technology, Index, Central bank, Finance, Central Bank of Russia, Twitter, Risk management, CAD, Weather, International, BOC, Traction, American depositary receipt, Corporate bond, Public utility, MSCI, Uncertainty, BOE, Industrial Bank of Japan, Material, Nasdaq, Bank, Communication services sector reshuffle, Policy, TSX, The Northern Trust, Federal, Coronavirus, Gasoline, BOJ, Industry, Canada Pension Plan, Bank of Canada, Fixed income, Pension fund, Oil, Renewable energy, Cryptocurrency, Northern Trust, Energy

Canadian Pension Plans experienced a pullback in investment returns during the first quarter of 2022 as markets entered a heightened period of uncertainty, according to the Northern Trust Canada Universe.

Key Points: 
  • Canadian Pension Plans experienced a pullback in investment returns during the first quarter of 2022 as markets entered a heightened period of uncertainty, according to the Northern Trust Canada Universe.
  • These mounting tensions cast a new level of uncertainty across global markets, which rippled across Canadian pension plan returns as witnessed by the sharp decline in the median return for the period.
  • The Northern Trust Canada universe tracks the performance of Canadian institutional defined benefit plans that subscribe to performance measurement services as part of Northern Trusts asset service offerings.
  • The Canadian Fixed Income market, as measured by the FTSE Canada Universe Bond Index, declined 7.0% for the quarter.

FlexShares Expands ESG & Climate Suite with Emerging Markets ETF

Retrieved on: 
Thursday, April 21, 2022
Professional Services, Environment, Finance, Head Office, Social, Climate, Carbon, Institutional Shareholder Services, ISS, Sustainability Accounting Standards Board, LLC, Index, Twitter, Fund, Risk management, Research, Product strategy, AUM, ETF, ESG, Goal, Biophysical environment, LinkedIn, Carbon footprint, Exchange-traded fund, Prospectus, Nasdaq, Solution, NYSE, Investment, The Northern Trust, Sustainability accounting, Industry, Risk, Partnership, Security (finance), Lithium, Renewable energy, Pension fund, Northern Trust

Northern Trust Asset Managements FlexShares Exchange Traded Funds announced today the launch of a new Environmental, Social and Governance (ESG)* ETF focused on climate with exposure to emerging markets: the FlexShares ESG & Climate Emerging Markets Core Index Fund (NYSE: FEEM).

Key Points: 
  • Northern Trust Asset Managements FlexShares Exchange Traded Funds announced today the launch of a new Environmental, Social and Governance (ESG)* ETF focused on climate with exposure to emerging markets: the FlexShares ESG & Climate Emerging Markets Core Index Fund (NYSE: FEEM).
  • This fund builds on FlexShares existing climate suite introduced in September 2021, which currently includes US large cap equities, developed markets ex-US equities, and two fixed-income ETFs.
  • FlexShares climate suite leverages NTAMs 30+ years of experience in sustainable investing and over $130 billion in AUM in sustainable strategies.
  • FlexShares ESG & Climate Emerging Markets Core Index Fund (FEEM) is a passively managed fund that invests in emerging market equities and uses a representative sampling strategy to track its underlying index.

Northern Trust’s 2022 Wealth Planning Symposium to Focus on Bold Ideas for Redefining Wealth

Retrieved on: 
Thursday, February 17, 2022
Professional Services, Other Professional Services, Legal, Finance, Consulting, Banking, Accounting, Bitcoin, Crypto, FDIC, House of Gucci, Equal housing lender, Solution, Awareness, Nasdaq, Head Office, Mental health, The Northern Trust, Twitter, National Association of Affordable Housing Lenders, Retirement, ESG, House, Life, Foundation, Industry, Pension fund, Bank, Northern Trust, Blockchain

Our Wealth Planning Symposium will bring together industry leaders with bold insights on the most pressing topics, such as the fintech revolution, redesigning the notion of retirement and fiduciary ESG investing.

Key Points: 
  • Our Wealth Planning Symposium will bring together industry leaders with bold insights on the most pressing topics, such as the fintech revolution, redesigning the notion of retirement and fiduciary ESG investing.
  • Planning for a Redefined Finish Line: Focus on sophisticated planning strategies for retirees who are focusing more on entrepreneurial endeavors in their next chapter.
  • Our second-annual Wealth Planning Symposium will highlight expert solutions and insights to the most pressing issues confronting affluent individuals and families today, said Northern Trust Wealth Management President Steven L. Fradkin.
  • Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses.

Northern Trust Universe Data: Institutional Plans Record Fourth-Quarter and Full-Year Gains in 2021

Retrieved on: 
Monday, February 14, 2022
Banking, Professional Services, Finance, Universe, Federal Reserve, Risk management, Foundation, Government, Calendar, Northern Trust, Russell, The Northern Trust, Dow Jones Industrial Average, Endowment, Risk, Federal, Education, Communities and Justice Directorates, COVID-19, Russell 1000 Index, ERISA, Security (finance), Life insurance

The Northern Trust Universe tracks the performance of 380 large U.S. institutional investment plans, with a combined asset value of more than $1.4 trillion, which subscribe to performance measurement services as part of Northern Trust's asset servicing offerings.

Key Points: 
  • The Northern Trust Universe tracks the performance of 380 large U.S. institutional investment plans, with a combined asset value of more than $1.4 trillion, which subscribe to performance measurement services as part of Northern Trust's asset servicing offerings.
  • The Northern Trust US equity program universe produced an 8.1% median return for the quarter.
  • The Northern Trust ERISA universe plan median one-, three- and five-years returns were 7.9%, 14.3% and 10.4% respectively.
  • The Northern Trust Foundations & Endowments universe plans median one-, three- and five-years returns were 16.6%, 15.9% and 11.8% respectively.