NORTHERN TRUST

Siemens Foundation and Northern Trust Commit Additional $10M Investment in Community Development Financial Institutions in Their Continued Effort to Support Social Equity in Underserved Communities

Retrieved on: 
Wednesday, March 16, 2022
Banking, Professional Services, Philanthropy, Technology, Fund Raising, Foundation, Science, Engineering, Finance, Other Technology, Other Philanthropy, Other Science, Manufacturing, Twitter, Siemens Foundation, Technology, Community development, American, Partnership, Work, Investment, School, Workforce, Foundation, Organization, Nasdaq, Small business, Institute, U.S. Department of Defense Strategy for Operating in Cyberspace, Housing, Science, Corporate sustainability, Community Development Financial Institutions Fund, CDFI, Social impact, Disability, Public sector, STEM, American Community Survey, Research, CEO, Population, Director, Industry, Institute for Veterans and Military Families, Engineering, Culture, Head Office, DOF, Management, Real estate, Insurance, Barclays, Veteran, Northern Trust, the Siemens Foundation, Northern Trust, THE SIEMENS FOUNDATION, NORTHERN TRUST

The Siemens Foundation and Northern Trust today announced a commitment of $10 million to two Community Development Financial Institutions Funds (CDFI), PeopleFund and Disability Opportunity Fund (DOF), to support social equity and entrepreneurial success in underserved communities.

Key Points: 
  • The Siemens Foundation and Northern Trust today announced a commitment of $10 million to two Community Development Financial Institutions Funds (CDFI), PeopleFund and Disability Opportunity Fund (DOF), to support social equity and entrepreneurial success in underserved communities.
  • The Siemens Foundation and Northern Trust partnered to identify the CDFIs selected and facilitate the investments.
  • Were proud to double-down on our investment this year in partnership with Northern Trust, as CDFIs play a vital role in communities who too often lack support and access to capital.
  • With the investment from Northern Trust and the Siemens Foundation, PeopleFund will use the proceeds for its new Veteran Loan Fund.

5th Century Partners Appoints Northern Trust to Support ‘Purpose-Driven’ Investment Strategy

Retrieved on: 
Wednesday, February 23, 2022
Banking, Other Professional Services, Professional Services, Finance, Entrepreneurship, Twitter, Partner, Industry, LLC, Trust, Social impact, Nasdaq, Head Office, Technology, Corporate sustainability, Public relations, Pension fund, Northern Trust, 5th Century Partners, Northern Trust, 5TH CENTURY PARTNERS, NORTHERN TRUST

Northern Trust (Nasdaq: NTRS) has partnered with 5th Century Partners (5CP), a purpose-driven private investment firm based in Chicago, to provide fund administration and related services.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) has partnered with 5th Century Partners (5CP), a purpose-driven private investment firm based in Chicago, to provide fund administration and related services.
  • Northern Trust and 5CP are building a strong and promising relationship as we support 5CPs mission to drive economic and social impact for all of their stakeholders, said Kimberly Evans, head of Corporate Sustainability, Inclusion and Social Impact at Northern Trust.
  • Northern Trust Asset Servicing provides fund administration, fund accounting and investor services to 5CP through its Private Capital Administration unit, while Northern Trust Wealth Management provides comprehensive Banking services.
  • 5th Century Partners ("5CP") is a purpose-driven private investment firm that believes financial success drives economic and social advancement.

North Dakota Growth Fund Adds Two Investments

Retrieved on: 
Wednesday, February 9, 2022
Banking, Professional Services, Finance, Industry, Growth, Investment, Twitter, Head Office, Nasdaq, Innovation, LLC, Financial services, Renewable energy, Northern Trust, 50 South Capital Advisors, LLC, Northern Trust, 50 SOUTH CAPITAL ADVISORS, LLC, NORTHERN TRUST

Homegrown Capital also has an office in Fargo, in addition to offices in Brookings and Sioux Falls, South Dakota.

Key Points: 
  • Homegrown Capital also has an office in Fargo, in addition to offices in Brookings and Sioux Falls, South Dakota.
  • It seeks opportunities to partner with founding families and owner-operators of differentiated companies with compelling growth prospects that are looking for hands-on support as well as capital to fund organic growth initiatives and add-on acquisitions.
  • We are thrilled to be able to bring additional types of capital to North Dakota through the mentorship and experience of these fund managers.
  • LongWater Opportunities and Homegrown Capital are 50 South Capitals second and third investments out of the North Dakota Growth Fund, which has invested $22.5 million to date.

Northern Trust Asset Management Quant Head Michael Hunstad to Lead Newly Combined Equity Team

Retrieved on: 
Tuesday, January 25, 2022
Banking, Other Professional Services, Professional Services, Finance, University, Leadership, Risk, Champaign County, Illinois, Industry, Mathematics, Northern State University, Crain Communications, Twitter, Research, Economics, Growth, Risk management, Finance, LLC, Illinois Institute of Technology, Journal, Solution, MBA, Nasdaq, Pension, Head Office, Index, Pension fund, Northern Trust, Investment, Pan-European Pension, Nils Jakob Hunstad, Northern Trust Asset Management, Northern Trust, NORTHERN TRUST ASSET MANAGEMENT, NORTHERN TRUST

Northern Trust Asset Management (NTAM), a unit of Northern Trust (Nasdaq: NTRS), announced today that Michael Hunstad, Ph.D., head of quantitative strategies since 2018, is expanding his management responsibilities to include NTAMs index equity and tax-advantaged equity teams, both of which are grounded in the systematic approach that powers the firms quantitative processes.

Key Points: 
  • Northern Trust Asset Management (NTAM), a unit of Northern Trust (Nasdaq: NTRS), announced today that Michael Hunstad, Ph.D., head of quantitative strategies since 2018, is expanding his management responsibilities to include NTAMs index equity and tax-advantaged equity teams, both of which are grounded in the systematic approach that powers the firms quantitative processes.
  • Since Hunstad has led the quantitative strategies team, it has grown from $14 billion to $36.9 billion in equity assets under management, as of December 31, 2021.
  • Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Belvedere Advisors LLC and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
  • 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.

Omba Investments ICAV Names Northern Trust as Asset Servicing Provider for New Fund

Retrieved on: 
Tuesday, November 30, 2021
Banking, Professional Services, Finance, EMEA, European, Technology, Industry, ICAV, CBI, Investment fund, UCITS, Exchange-traded fund, Solution, Investment, Undertakings for Collective Investment in Transferable Securities Directive 2009, Nasdaq, Twitter, Trust, Central bank, ETF, Limited, High-net-worth individual, Head Office, Private Asset Management, Growth, Security (finance), Financial services, Tutoring, Financial adviser, OMBA Advisory & Investments Ltd, Northern Trust, OMBA ADVISORY & INVESTMENTS LTD, NORTHERN TRUST

The planned US$100 million Omba Investments ICAV (Omba) umbrella fund will launch with two new UCITS funds, the Omba Global Thematic Fund and Omba Global Equity Fund.

Key Points: 
  • The planned US$100 million Omba Investments ICAV (Omba) umbrella fund will launch with two new UCITS funds, the Omba Global Thematic Fund and Omba Global Equity Fund.
  • This is currently a sub-fund on the Prescient Global Funds ICAV multi-manager platform, for which Northern Trust also provides custody and depositary services.
  • Northern Trust has the scale, capabilities and technology to support the smooth operation of the fund and help our team meet its objectives.
  • 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.

Northern Trust Asset Management Names Head of Nordic Region

Retrieved on: 
Monday, November 15, 2021
Banking, Other Professional Services, Professional Services, Finance, Goldman Sachs, ETF, Industry, Leadership, Head Office, University College London, Growth, EMEA, Multimedia, Research, Biophysical environment, LLC, Twitter, Social, Risk management, UCL, ESG, Solution, IPE, Nasdaq, Pension fund, Security (finance), Northern Trust, Northern Trust Asset Management, NORTHERN TRUST, NORTHERN TRUST ASSET MANAGEMENT

View the full release here: https://www.businesswire.com/news/home/20211115005015/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211115005015/en/
    Northern Trust Asset Management appoints Alexandra Kovalenko as head of its Swedish branch, with responsibility for leading sales across the Nordic region.
  • Northern Trust Asset Management first established a presence in Sweden in 2009, following increased demand from Nordic based clients for its range of investment management solutions.
  • 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.
  • Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Belvedere Advisors LLC and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.

North Dakota Growth Fund Makes Initial Investment

Retrieved on: 
Tuesday, October 26, 2021
Agriculture, Professional Services, Natural Resources, Finance, Head Office, Technology, Industry, Twitter, Agriculture, Food, LLC, Lewis and Clark Expedition, Nasdaq, Renewable energy, 50 South Capital Advisors, LLC, Northern Trust, 50 SOUTH CAPITAL ADVISORS, LLC, NORTHERN TRUST

50 South Capital Advisors, LLC, the general partner of the newly-formed North Dakota Growth Fund , is pleased to announce that the funds first investment is in Lewis & Clark AgriFood, a leading venture capital firm with a specialized expertise in a core industry of North Dakotas economy.

Key Points: 
  • 50 South Capital Advisors, LLC, the general partner of the newly-formed North Dakota Growth Fund , is pleased to announce that the funds first investment is in Lewis & Clark AgriFood, a leading venture capital firm with a specialized expertise in a core industry of North Dakotas economy.
  • As founders, operators, investors and scientists, the firms seasoned investment team brings deep sector experience to every investment.
  • 50 South Capital is a leading alternatives investment firm and a wholly-owned subsidiary of Northern Trust, a leading, global financial services firm.
  • Given its track record of investing in North Dakota and its focus on the agrifood industry, we believe Lewis & Clark AgriFood is an excellent investment for the North Dakota Growth Fund given the breadth and diversity of the states agriculture industry and leading entrepreneurs focused on it, said 50 South Capital Managing Director Trey Hart.

Northern Trust Asset Management’s FlexShares® Launches Emerging Markets Climate-Focused Exchange Traded Funds in Europe

Retrieved on: 
Monday, September 27, 2021
Professional Services, Finance, Goal, Biophysical environment, Climate, Deutsch, Efficiency, ESG, Solution, Head Office, Carbon, ETF, Social, LinkedIn, Twitter, LLC, Growth, Risk management, Managed account, Research, EMEA, Prospectus, Nasdaq, Industry, Security (finance), Retail, Financial adviser, Pension fund, FlexShares, Northern Trust Asset Management, Northern Trust, FLEXSHARES, NORTHERN TRUST ASSET MANAGEMENT, NORTHERN TRUST

Northern Trust Asset Managements FlexShares Exchange Traded Funds today announced the launch of two Emerging Markets climate-focused exchange traded funds (ETFs): the FlexShares Emerging Markets High Dividend Climate ESG UCITS ETF (QDFE) and the FlexShares Emerging Markets Low Volatility Climate ESG UCITS ETF (QVFE).

Key Points: 
  • Northern Trust Asset Managements FlexShares Exchange Traded Funds today announced the launch of two Emerging Markets climate-focused exchange traded funds (ETFs): the FlexShares Emerging Markets High Dividend Climate ESG UCITS ETF (QDFE) and the FlexShares Emerging Markets Low Volatility Climate ESG UCITS ETF (QVFE).
  • "We are proud to expand our Environmental, Social and Governance (ESG) product offerings in Europe, said Marie Dzanis, head of Northern Trust Asset Management for Europe, Middle East and Africa (EMEA).
  • FlexShares partnered with index provider Qontigo to develop the iSTOXX Northern Trust Emerging Markets High Dividend Climate ESG Index and the iSTOXX Northern Trust Developed Markets Low Volatility Climate ESG Index, which act as benchmarks for QDFE and QVFE, respectively.
  • Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Belvedere Advisors LLC and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.

Northern Trust Strategic Investment in Essentia Analytics Adds Innovative New Dimension to Whole Office Strategy

Retrieved on: 
Tuesday, September 21, 2021
Banking, Other Professional Services, Professional Services, Finance, Essentia, Northern Trust, Head Office, Twitter, CEO, Technology, Nasdaq, Industry, Essentia Analytics (www.essentia-analytics.com), Northern Trust, ESSENTIA ANALYTICS (WWW.ESSENTIA-ANALYTICS.COM), NORTHERN TRUST

Essentia Analytics combines data analytics, client-driven “nudges” and specialist behavioral coaching to provide a powerful feedback loop for active investment decisions. It helps investment teams understand where and why they succeed and where their blind spots are -- and delivers the framework to enable a cycle of continuous improvement.

Key Points: 
  • We look forward to the opportunity to work with Northern Trust to bring enhanced productivity and investment performance to the front office of clients across the globe.
  • Strategic consulting firm Acclinate LLC introduced Northern Trust and Essentia.
  • Essentia Analytics is the leading provider of behavioral data analytics and consulting for professional investors.
  • Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S.

FlexShares Launches New Suite of Four ESG ETFs Focused on Climate

Retrieved on: 
Tuesday, September 21, 2021
Professional Services, Environment, Finance, Goal, Climate, ISS, The Northern Trust, Carbon, Growth, NTI, Exchange-traded fund, ETF, Sustainability accounting, Investment, Industry, Biophysical environment, ESG, LinkedIn, Prospectus, NYSE, Sustainability Accounting Standards Board, Partnership, Solution, Head Office, Social Security Government Pension Offset, Carbon footprint, Social, LLC, Corporation, Risk, ESGG, Climate change, Mission statement, Institutional Shareholder Services, Risk management, Research, Nasdaq, Cryptocurrency, Lithium, Renewable energy, Financial adviser, Pension fund, Security (finance), FlexShares, Northern Trust Asset Management, Northern Trust, FLEXSHARES, NORTHERN TRUST ASSET MANAGEMENT, NORTHERN TRUST

Northern Trust Asset Managements FlexShares Exchange Traded Funds announced today the launch of a new suite of core Environmental, Social and Governance (ESG)* ETFs focused on climate, including:

Key Points: 
  • Northern Trust Asset Managements FlexShares Exchange Traded Funds announced today the launch of a new suite of core Environmental, Social and Governance (ESG)* ETFs focused on climate, including:
    FlexShares ESG & Climate US Large Cap Core Index Fund (NYSE: FEUS)
    FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSE: FEDM)
    FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (NYSE: FEIG)
    FlexShares ESG & Climate High Yield Corporate Core Index Fund (NYSE: FEHY)
    The four new climate ETFs add to FlexShares existing ESG ETF offerings, FlexShares STOXX US ESG Select Index Fund (ESG) and FlexShares STOXX Global ESG Select Index Fund (ESGG).
  • With climate change a top concern among many investors and regulators globally, each strategy in the core ESG ETF suite also includes a special focus on carbon risk.
  • The launch of FlexShares new ESG suite coincides with the 10-year anniversary of the introduction of its first ETFs in 2011.
  • Following the brands expansion into the European market in January of this year, FlexShares product lineup now consists of 33 unique ETFs across the U.S. and Europe.