Northern Trust Stock Price, News & Analysis

Northern Trust Asset Management has appointed Alan Keating to lead its Dublin-based UCITS management company. With US$1.2 trillion in investor assets, NTAM is a prominent investment manager in the market. Keating, who brings over 20 years of industry experience, will oversee the growth and governance of NTAM's UCITS fund range, reporting to Marie Dzanis, head of NTAM for EMEA. This appointment aims to address the rising demand for UCITS funds from clients across Europe and the UK.

Northern Trust Corporation (NTRS) will host a live webcast of its fourth quarter 2021 earnings call on January 20, 2022, at 11:00 a.m. (CT). Investors can access the earnings press release and related materials through Northern Trust’s website. As of September 30, 2021, Northern Trust reported assets under custody/administration of US$15.8 trillion and assets under management of US$1.5 trillion.

Northern Trust announced a collaboration with Accelex, enhancing its capabilities in handling unstructured data related to alternative investments. This partnership aims to provide asset owners with improved insights by leveraging Accelex's technology, which automates data extraction from complex investment documents. With this integration, Northern Trust seeks to assist clients in better investment decision-making by offering more granular data and timely insights, thereby continuing its initiative to digitize alternative asset servicing.

Northern Trust, a leading global asset manager, projects strong earnings growth and stable interest rates facilitating sustainable economic growth in 2022. The firm emphasizes an overweight position in risk assets, including developed market equities, high yield bonds, and natural resources, suggesting equity returns will be comparable across major regions. Expected returns are 11% for Japan, 9% for the US and emerging markets, and 8% for Europe. High yield bonds are notably favored, expected to return 9% in 2022, outperforming investment grade bonds and cash.

Northern Trust Wealth Management has appointed John Donahoo as Senior Managing Director for the Northeast Florida market. With over 25 years of experience, Donahoo will guide a team focused on serving high net worth families, endowments, and foundations. This region is vital for Northern Trust, which has operated in Florida for 50 years. Prior to this role, Donahoo worked at Wells Fargo and U.S. Trust/Bank of America. Northern Trust manages $372.9 billion in assets as of September 30, 2021.

Northern Trust has enhanced its ESG investment analytics with the launch of the Climate Focus Report, providing institutional investors access to vital climate risk metrics. This report integrates various carbon metrics and aligns with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. The service aims to help clients meet oversight and disclosure obligations, particularly for pension funds assessing climate risks. Northern Trust manages over US$9 trillion in assets, reinforcing its industry position.

Northern Trust (NASDAQ: NTRS) has been appointed as the fund administrator and global custodian for BlueBox Asset Management's Global Technology Fund, which has surpassed US$1 billion in assets under management. This fund, established in 2017, focuses on technology investments, including semi-conductors and software. Northern Trust will provide an integrated solution to enhance BlueBox's growth strategy. Both firms view this partnership as a strategic move to maximize efficient service delivery and optimize investor returns.

Northern Trust (Nasdaq: NTRS) has been appointed by Omba Investments Irish Collective Asset-management Vehicle (ICAV) to deliver global custody and depositary services for a new US$100 million UCITS umbrella fund. This fund will initially launch two funds: the Omba Global Thematic Fund and the Omba Global Equity Fund. Following Central Bank of Ireland approval, an existing fund will also merge into the umbrella structure. Northern Trust's expertise will support Omba's aim to provide diversified, low-cost investment options to high net worth clients.

Northern Trust (NASDAQ: NTRS) has secured an asset servicing mandate with Pendal Group Limited, managing approximately A$139.2 billion (US$104.4 billion). This agreement spans Australia, the UK, Ireland, and the US, expanding services provided to Pendal’s subsidiary, J O Hambro Capital Management. The partnership now includes global custody, fund accounting, financial reporting, and collateral management. Northern Trust's CEO expressed enthusiasm about the extended collaboration, emphasizing efficiency and standardization across Pendal's operations, reflecting the strategic growth in their global partnership.