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Northern Trust 2023 Outlook: Markets and Economy Pivot from Inflation and Monetary Policy Fears to a Weak Global Economy

Retrieved on: 
Monday, December 19, 2022
Finance, Banking, Professional Services, Asset Management, Insurance, Head Office, Natural Resources, Growth, Risk management, Overweight, Face, CMA, Tax, Research, Renewable energy, Security (finance), Pension fund, Northern Trust

At the core of the CMA are investment themes, typically five or six, based on forces that Northern Trust identifies as driving markets over the next five years.

Key Points: 
  • At the core of the CMA are investment themes, typically five or six, based on forces that Northern Trust identifies as driving markets over the next five years.
  • Among them are: “Slow Growth Transitions,” “Inflation Recalibration” and “Monetary Drought.”
    The 2023 Outlook also includes forecasts on a range of asset classes.
  • 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, Northern Trust Asset Management Australia Pty Ltd and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
  • 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 Makes Key Fund Accounting and Fund Administration Hires in North America Global Fund Services

Retrieved on: 
Thursday, December 15, 2022
Banking, Asset Management, Professional Services, Finance, State Street, McMaster, State Street Corporation, Head Office, BBH, Reydell, Arkansas, Growth, Invesco, Head, Bank, Northern Trust, GFS

Northern Trust today announced the appointments of Steven Reydel as Head of North America Fund Accounting and Michael McMaster as Head of North America Fund Administration.

Key Points: 
  • Northern Trust today announced the appointments of Steven Reydel as Head of North America Fund Accounting and Michael McMaster as Head of North America Fund Administration.
  • Leveraging their expertise in fund accounting and fund administration, Reydel and McMaster will play a pivotal role in supporting ongoing growth in the Global Fund Services (GFS) business .
  • Most recently, he was head of BBHs Global Fund Accounting operations team and the Fund Accounting Product Executive.
  • He most recently served as Chief Tax Officer-Head of Global Fund Services Tax at Invesco, overseeing teams across North America, EMEA and APAC.

Northern Trust Raises Prime Rate

Retrieved on: 
Wednesday, December 14, 2022
Banking, Asset Management, Professional Services, Finance, Northern Trust, Head Office, Pension fund

Northern Trust has increased its Prime rate from 7.00% to 7.50%, effective Thursday, December 15, 2022.

Key Points: 
  • Northern Trust has increased its Prime rate from 7.00% to 7.50%, effective Thursday, December 15, 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 Corporation to Webcast Fourth Quarter 2022 Earnings Conference Call

Retrieved on: 
Wednesday, December 14, 2022
Banking, Asset Management, Professional Services, Finance, Northern Trust, Webcast, CT, Head Office

Northern Trust Corporation announced today that it will webcast its fourth quarter 2022 earnings conference call live on Thursday, January 19, 2023.

Key Points: 
  • Northern Trust Corporation announced today that it will webcast its fourth quarter 2022 earnings conference call live on Thursday, January 19, 2023.
  • The webcast, the earnings press release, and related presentation materials will be accessible on Northern Trusts website .
  • The call will be conducted at 8:00 a.m. (CT), following the release that morning of Northern Trusts fourth quarter 2022 earnings press release.
  • 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 Asset Management Partners With Solactive to Launch Two Global Bond ESG Climate Index Funds

Retrieved on: 
Wednesday, December 14, 2022
Banking, Professional Services, Finance, ESMA, Benchmarking, TNTC, United Kingdom, Environment, NT, NTI, Data science, Partnership, ESG, Communication, Research, Federal Financial Supervisory Authority, KIID, Index, Risk management, Government, Prospectus, Head Office, Carbon, Security (finance), Lithium, Renewable energy, Financial adviser, Pension fund, EEA, Northern Trust, Limited, Solactive

The NT Global Bond ESG Climate Index Fund and the NT Global 1-5 Years Bond ESG Climate Index Funds, used as benchmarks for the strategies, measure the performance of a global investment grade bond universe and integrates ESG scores and climate data into the government and corporate bonds within the index.

Key Points: 
  • The NT Global Bond ESG Climate Index Fund and the NT Global 1-5 Years Bond ESG Climate Index Funds, used as benchmarks for the strategies, measure the performance of a global investment grade bond universe and integrates ESG scores and climate data into the government and corporate bonds within the index.
  • The Solactive Global Bond ESG Climate Index represents the full maturity curve; with the Solactive Global Bond 1-5 Year ESG Climate Index representing shorter maturity.
  • 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, Northern Trust Asset Management Australia Pty Ltd and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
  • Northern Trust Asset Management (NTAM) is composed of Northern Trust Investments, Inc. (NTI), Northern Trust Global Investments Limited (NTGIL), Northern Trust Fund Managers (Ireland) Limited (NTFMIL), Northern Trust Global Investments Japan, K.K.

Northern Trust Hosts Charity Trading Day to Support Habitat for Humanity International

Retrieved on: 
Tuesday, December 13, 2022
Finance, Consulting, Banking, Professional Services, Philanthropy, Fund Raising, Foundation, Asset Management, Other Philanthropy, Other Professional Services, Housing, Food, FINRA, Multimedia, Capital market, Education, Habitat for Humanity, SIPC, Marketing, Head Office, Risk, Bank, Security (finance), Northern Trust, Habitat

Northern Trust today announced its first global Charity Trading Day, benefiting global housing nonprofit Habitat for Humanity International, as part of the companys global philanthropy strategy.

Key Points: 
  • Northern Trust today announced its first global Charity Trading Day, benefiting global housing nonprofit Habitat for Humanity International, as part of the companys global philanthropy strategy.
  • In addition, Northern Trust employees and clients will volunteer through a company program in 2023 to support the nonprofits mission.
  • Our philanthropic focus at Northern Trust covers four key pillars: education, food, healthcare and housing, Northern Trust Chairman and Chief Executive Officer Michael O'Grady said.
  • Northern Trust Charity Trading Day involved Northern Trust Capital Markets trading desks across the globe, following the sun from Sydney through to Singapore, London and Chicago.

Northern Trust Asset Management’s Risk Report Highlights Drivers of Unexpected Portfolio Results

Retrieved on: 
Monday, December 12, 2022
Finance, Banking, Professional Services, Asset Management, Insurance, Overweight, Heart, Confusion, Global Risks Report, Research, Risk management, Consultant, Investment, Growth, Head Office, Risk, Bank, Commercial property, Pension fund, Northern Trust

The 2022 edition, like its 2020 predecessor, surfaces six key drivers of unexpected portfolio results.

Key Points: 
  • The 2022 edition, like its 2020 predecessor, surfaces six key drivers of unexpected portfolio results.
  • 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, Northern Trust Asset Management Australia Pty Ltd 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.
  • 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 Appoints Monica Safapour Market President in Santa Barbara

Retrieved on: 
Thursday, December 8, 2022
Professional Services, Other Professional Services, Legal, Finance, Banking, Accounting, Wealth management, Substance abuse, McGeorge School of Law, Bet Tzedek Legal Services – The House of Justice, Associated Students of the University of California, Santa Barbara, Loyola Law School, LL.M, FDIC, Equal housing lender, Pacific Ocean, Senior, Growth, Multimedia, University, Real Estate Settlement Procedures Act, Head Office, Iranian American Bar Association, Security (finance), Property management, Interior design, Santa Barbara Regional Airport, Northern Trust

Northern Trust has appointed Monica Safapour Market President in the Santa Barbara office, where she will lead the team in the delivery of outstanding client service and accelerate the growth of the Northern Trust Wealth Management platform.

Key Points: 
  • Northern Trust has appointed Monica Safapour Market President in the Santa Barbara office, where she will lead the team in the delivery of outstanding client service and accelerate the growth of the Northern Trust Wealth Management platform.
  • Before joining Northern Trust, Safapour was a Senior Fiduciary Advisory Specialist at Wells Fargo Private Bank.
  • In her new role, Safapour will be responsible for leading the Wealth Management business in the Santa Barbara Region and neighboring communities.
  • We are excited to have Monica lead our Santa Barbara office and team, said Michele Havens, President, West Region, Northern Trust Wealth Management.

Northern Trust Asset Management Selects Sixteen Firms for Minority Broker Program

Retrieved on: 
Thursday, December 1, 2022
Insurance, Women, Veterans, Finance, Banking, Accounting, Professional Services, DEI (Diversity, Equity and Inclusion), Consumer, Defense, DE, Head Office, Disability, Partnership, Policy, Investment, AAPD, Research, Multi, The Last Best Place, American Association of People with Disabilities, Risk management, Benchmarking, Woman, DEI, Insurance, Security (finance), Pension fund, Northern Trust, Index, Diversity

This is the seventh time that Northern Trust Asset Management has gone through this process since the programs inception in 2007.

Key Points: 
  • This is the seventh time that Northern Trust Asset Management has gone through this process since the programs inception in 2007.
  • Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments, so they can confidently realize their long-term objectives.
  • 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, Northern Trust Asset Management Australia Pty Ltd 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.

Northern Trust and Saphyre Enhance Onboarding for Investment Operations Outsourcing Clients

Retrieved on: 
Tuesday, November 29, 2022
Software, Data Analytics, Finance, Artificial Intelligence, Banking, Data Management, Professional Services, Technology, IOO, Head Office, Communication, AI, Multimedia, Maintenance, Trust, Automation, Memory, Intelligence, Bank, Financial services, Cryptocurrency, Northern Trust

Northern Trust (Nasdaq: NTRS) and Saphyre have deployed into production automation of the account opening process for investment manager clients of Northern Trusts Investment Operations Outsourcing (IOO) business.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) and Saphyre have deployed into production automation of the account opening process for investment manager clients of Northern Trusts Investment Operations Outsourcing (IOO) business.
  • As enhancements are made over the next year, Northern Trust will schedule a planned rollout to all its Investment Operations clients.
  • The Saphyre ecosystem enables best practices and standardized communications across market participants, providing the surest path to increased straight-through processing, reduced exceptions, and cost savings, said John Desmond, Head of Investment Operations Outsourcing, U.S. at Northern Trust.
  • Northern Trusts Global Fund Services business provides services including fund administration, global custody, investment operations outsourcing and capital market revenue enhancement solutions to global investment managers supporting a range of complex investment strategies across the full spectrum of asset classes.