Northern Trust Stock Price, News & Analysis

Northern Trust Asset Management has launched the FlexShares Listed Private Equity UCITS ETF (Ticker: FLPE), providing exposure to the private equity market. Launched in December 2021, the ETF has already attracted over US$140 million in assets under management (AUM). It tracks the Foxberry Listed Private Equity SDG Screened USD Net Total Return index. The ETF is listed on both the London Stock Exchange and the Euronext Exchange in Amsterdam, offering enhanced liquidity and diversified investment strategies for professional investors.

The Northern Trust Canada Universe reported that Canadian Pension Plans achieved a median return of 3.8% in Q4 2021 and 8.4% for the year, driven by a rebound in global equity markets. Notably, the S&P/TSX Composite Index rose 6.5% in Q4 and 25.1% for the year. Despite rising inflation and energy prices, Canadian equities showed robust gains, bolstered by corporate earnings. The report highlights the adaptability and resilience of Canadian pension plans amidst economic uncertainties and changing monetary policies.

Northern Trust Asset Management (NTRS) announced that Michael Hunstad, Ph.D., will expand his management role to lead NTAM’s index equity and tax-advantaged equity teams. Hunstad’s leadership is expected to enhance collaboration across teams, promoting operational efficiencies. Since taking charge in 2018, Hunstad has grown the quantitative strategies team from $14 billion to $36.9 billion in equity assets under management. NTAM manages $608 billion in index equity and $90.4 billion in tax-advantaged equity, indicating strong investor interest in these strategies.

Northern Trust Corporation (NTRS) announced its fourth quarter 2021 financial results, showcasing its strong presence in wealth management and asset services. As of December 31, 2021, the company reported assets under custody/administration totaling US$16.2 trillion and assets under management of US$1.6 trillion. A webcast of the earnings conference call is scheduled for January 20, 2022, at 11:00 a.m. CT, accessible via the company’s investor relations page.

Northern Trust Corporation (NASDAQ: NTRS) has declared a quarterly cash dividend of $0.70 per common stock share, payable on April 1, 2022. Record holders by 5:00 p.m. CT on March 11, 2022 will qualify. Additionally, the company announced dividends for preferred stock: $2,300.00 for Series D and $293.75 for Series E, payable on April 1, 2022 to holders recorded by 5:00 p.m. CT on March 15, 2022.

The Northern Trust Institute has released its annual Wealth Planning Outlook report titled Wealth, Redefined. This 2022 report addresses societal shifts post-COVID-19, influencing wealth planning strategies. Key topics include reinventing retirement, managing tax uncertainties, aligning investments with personal values, preparing for disability, and protecting digital assets. With a focus on adapting to these changes, wealth owners are encouraged to take proactive steps towards meaningful financial planning. Northern Trust continues to position itself as a leader in wealth management with $372.9 billion in assets under management as of September 30, 2021.

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.