Northern Trust Stock Price, News & Analysis

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.

Northern Trust (NTRS) has joined Project Ensemble, a Hong Kong Monetary Authority initiative, to test cross-border trading of tokenized voluntary carbon credits. The project will utilize The Northern Trust Carbon Ecosystem™, a digital platform launched in September 2024 that manages digital carbon credits using blockchain technology.

The collaboration will explore how international investors can access carbon credits traded in Hong Kong through the Ensemble Sandbox, which tests tokenization use cases in green and sustainable finance. Northern Trust's Carbon Ecosystem platform connects institutional buyers with climate solution project developers, enabling direct purchase and retirement of verified carbon credits through a transparent ledger system.

Canadian pension plans demonstrated resilience in Q1 2025, achieving a 1.5% median return despite market turbulence. The period was marked by heightened macro uncertainty and volatility due to U.S. tariff directives. Notable market performances included: International developed markets (MSCI EAFE +7.1% CAD), Emerging Markets (+3.1% CAD), Canadian Equities (S&P/TSX +1.5%), and U.S. Equities (S&P 500 -4.2% CAD). The Bank of Canada implemented two 25 basis point rate cuts, bringing the key policy rate to 2.75%. Canadian Fixed Income advanced 2.0% for the quarter, with federal bonds outperforming Provincial and Corporate bonds. The Canadian dollar experienced significant fluctuations but ended the quarter near its starting level.

Northern Trust has partnered with UK's Ecosystem Certification Organisation (ECO) to manage digital carbon credits under the Natural Forest Standard (NFS). The collaboration involves Northern Trust providing recordation and settlement services for Natural Capital Credits generated by NFS-certified projects.

Through the Northern Trust Carbon Ecosystem, powered by their digital assets platform Matrix Zenith, the company will handle the lifecycle management of digital carbon credits, ensuring transparency and traceability. The system supports key digital asset events from creation to custody and reporting.

This strategic partnership allows ECO to focus on its core business of supporting the Natural Forest Standard, which credits carbon, biodiversity, and socio-economic benefits from preventing deforestation. The service agreement strengthens independence and maintains separation between governance and registry operations in the voluntary carbon market.

Northern Trust (Nasdaq: NTRS) has announced its quarterly dividend distributions. The company declared a quarterly cash dividend of $0.75 per share on common stock, payable on July 1, 2025, to stockholders of record as of June 6, 2025.

Additionally, the company announced cash dividends of $293.75 per share on its Series E non-cumulative perpetual preferred stock (equivalent to $0.29375 per depository share), with payment scheduled for July 1, 2025, to holders of record as of June 15, 2025.

Northern Trust (NTRS) has announced the release of its first quarter 2025 financial results. The company will host an earnings conference call on April 22, 2025 at 8:00 a.m. CT, which will be accessible via webcast on the company's website.

The financial results are available on Northern Trust's investor relations website and through their SEC Form 8-K filing. A recording of the earnings call will be available on the company's website for approximately four weeks following the live event. Participants will need Windows Media or Adobe Flash software to access the webcast.

Northern Trust (NTRS) has appointed Douglas Gee as the new Global Head of Sales for Asset Servicing, effective July 1, succeeding retiring Jon Dunham. Gee, who will report to Asset Servicing President Teresa Parker, will be responsible for driving global sales strategy and accelerating new business revenue growth.

Currently managing EMEA and APAC business development teams, Gee will remain London-based while adding Americas business development to his responsibilities. He joined Northern Trust in 2008 to lead Asset Owner business development for the UK and Ireland, bringing over 25 years of business development experience, including prior IT industry expertise.