Northern Trust Stock Price, News & Analysis

Northern Trust Asset Management ($1.3T AUM) has appointed two chief investment strategists: Gary Paulin for International markets and Joseph Tanious for North America. Both strategists will collaborate with the investment team across various asset classes to develop market views and research on new instruments, including thematics, digital assets, and alternative vehicles.

Paulin, a 9-year Northern Trust veteran and former Aviate Global co-founder, brings 25+ years of investment experience. Tanious joins from Bessemer Trust, where he managed $200B in assets and served as head of portfolio strategy and construction, bringing 25 years of experience including roles at J.P. Morgan and Wells Fargo Asset Management.

Northern Trust (NTRS) reported significant growth in its Integrated Trading Solutions (ITS) outsourced trading business, with client base expanding by 17% from year-end 2023 to Q1 2025. The growth was primarily driven by increased demand for fixed income outsourced trading and cost reduction initiatives from asset managers.

Fixed income trading volume has shown remarkable growth, quadrupling in the U.S. and doubling in EMEA over the last three years. ITS provides global trading solutions across multiple asset classes, offering 24/6 market coverage in over 80 markets with access to more than 450 brokers. The service encompasses various fixed income products including investment grade and high yield credit, U.S. Treasuries, developed rates, emerging market debt, municipals, money markets, and securitized products.

Northern Trust (NTRS) has appointed Jeff Alexander as the new President and CEO of The Northern Trust Company, Canada, and Principal Officer of the affiliated The Northern Trust Company, Canada Branch in Toronto. Alexander, who brings over 30 years of experience in financial services, will lead the asset servicing business in Canada, managing client and regulatory relationships. He joins from TELUS Health, where he served as National Custody Practice Lead and National Growth Lead.

Northern Trust serves more than 150 clients across eight provinces and two territories in Canada, a strategically important market for the company. Alexander reports to Melanie Pickett, Head of Asset Servicing, Americas, and succeeds Katie Pries, who will transition to a new global role focused on anti-money laundering processes. The company has been providing asset servicing solutions in Canada for over three decades.

Northern Trust Corporation (NTRS) announced that its CFO David Fox and Asset Servicing President Teresa Parker will participate in the Morgan Stanley 2025 U.S. Financials, Payments & Commercial Real Estate Conference. The event will take place in New York City on June 10, 2025, at 3:15 p.m. ET. Investors can access a live webcast through Northern Trust's website investor relations section, with a replay available for approximately four weeks after the event.

Northern Trust (NTRS) has secured two prestigious awards at the Financial Times and PWM's Wealth Tech Awards: "Best Private Bank in the U.S. for Digital Wealth Planning" (third consecutive year) and "Best Private Bank in the U.S. for Digital Customer Experience." The company's achievements include transforming its Goals Powered Solutions platform and developing proprietary technology for family offices that enables real-time transaction analysis and investment performance monitoring.

Under the leadership of Wealth Management President Jason Tyler and COO Henry Johnson, Northern Trust continues to invest in technology solutions for affluent clients. The company manages $446.9 billion in assets as of March 31, 2025, offering comprehensive wealth management services for high-net-worth individuals, family offices, foundations, and privately held businesses.

Northern Trust Asset Management (NTAM), with $1.3 trillion in assets under management, has appointed Michael Hunstad and Christian Roth as Global Co-Chief Investment Officers, effective June 1, 2025. They will succeed Angelo Manioudakis, who will retire on May 31, 2025.

Hunstad, a 12-year NTAM veteran, previously served as deputy CIO and CIO of global equities, overseeing $758B in equity assets. Roth, who joined NTAM in April 2024 as CIO of global fixed income, manages $490.1B in fixed income and liquidity assets, bringing three decades of experience from Morgan Stanley Investment Management.

The duo will oversee investment performance, process, and philosophy, co-chair the Investment Policy Committee, and lead equity, fixed income, multi-asset, and alternatives CIOs globally.

Northern Trust (NTRS) has been selected by Partners Group to provide fund administration, depositary, and banking services for Partners Group's first Long Term Asset Fund (LTAF), launched in April 2025. The Partners Group Generations Private Credit LTAF aims to provide DC pension funds and professional investors with access to private credit investment opportunities.

Partners Group, a Swiss-based private markets firm managing over $150 billion in assets, focuses on generating returns through strategic investments across private equity, private credit, infrastructure, real estate, and royalties. This partnership follows Northern Trust's previous support of Partners Group's ELTIF-compliant Private Equity ELTIF Evergreen Fund in 2024.

Northern Trust (NTRS) reported mixed investment performance across its Universe data for Q1 2025, with an overall median return of 0.7% across institutional plans worth $1.4 trillion. The Corporate (ERISA) universe led performance with a 2.2% median return, followed by Public Funds at 1.1% and Foundation & Endowment at 0.5%.

U.S. equities struggled with a -4.6% median return, while Non-U.S. Equity performed better at 4.9%. Fixed Income provided stability with a 2.6% return. The quarter was marked by market uncertainty due to new global tariffs, inflation concerns, and geopolitical tensions.

Notable trends include Public Funds increasing Private Equity allocation to 13.4% from 9.4% five years ago. ERISA plans maintained a conservative 54.5% allocation to U.S. Fixed Income, while Foundation & Endowment returns were affected by delayed LP valuations reporting.