Welcome to our dedicated page for Northern Trust news (Ticker: NTRS), a resource for investors and traders seeking the latest updates and insights on Northern Trust stock.
Northern Trust Corporation (NASDAQ: NTRS) is a prominent provider of wealth management, asset servicing, asset management, and banking services to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has expanded its presence globally with offices in 20 U.S. states and Washington, D.C., as well as 23 international locations in Canada, Europe, the Middle East, and the Asia-Pacific region.
As of December 31, 2023, Northern Trust boasts assets under custody or administration of $15.4 trillion and assets under management amounting to $1.4 trillion. This impressive portfolio underscores Northern Trust’s status as a leader in the financial services industry, renowned for its exceptional service, financial expertise, integrity, and continuous innovation over more than 125 years.
Northern Trust is committed to providing comprehensive financial solutions that meet the diverse needs of its clients. Its wealth management services include investment management, trust and estate planning, and private banking. The asset servicing division offers custody, fund administration, and middle office outsourcing for institutional clients. Additionally, Northern Trust’s asset management division delivers a broad range of investment solutions designed to meet the financial objectives of institutional and individual investors.
Recent achievements highlight Northern Trust's ongoing commitment to innovation and inclusivity. For instance, the Northern Trust Ireland team recently hosted the Guidance and Industry Network (GaIN) event, focusing on modern-day recruitment campaigns and inclusive hiring strategies. Moreover, Northern Trust sponsored the Black Professionals & Leaders Dinner at Arizona State University, supporting efforts to bridge the gap between black undergraduate students and professionals.
Northern Trust’s dedication to diversity and community engagement is evident through its partnerships with organizations like Dublin City University and the 30% Club Ireland, aiming to achieve better gender balance for enhanced business outcomes. The firm continues to invest in talent development, offering various career opportunities and fostering a collaborative, team-oriented environment.
For those looking to invest, Northern Trust represents a stable and innovative option within the financial services sector, with a strong track record of adapting to market changes and maintaining long-term client relationships. Stay updated with the latest news and developments from Northern Trust to make informed investment decisions.
Latest News:
- January 23, 2024 - Northern Trust hosted the GaIN event in Ireland, in collaboration with Dublin City University, focusing on career guidance and inclusive hiring strategies.
- February 9, 2024 - Northern Trust sponsored the Black Professionals & Leaders Dinner at Arizona State University, bridging the gap between students and professionals.
Northern Trust (Nasdaq: NTRS) has appointed Gary Paulin as the head of Global Strategic Solutions for its asset servicing business. This new role focuses on developing innovative solutions to enhance client access to Northern Trust’s global capabilities. Paulin, based in
Northern Trust (Nasdaq: NTRS) has launched an automated solution for initial margin calculation to support clients in complying with regulations for over-the-counter (OTC) derivatives. This initiative precedes the implementation deadline for Uncleared Margin Rules (UMR) and is part of a collaboration with Acadia. The new technology aims to enhance efficiency by automating margin calculations, offering clients optimal asset identification for meeting margin obligations and improving investment performance. This solution is available globally and integrates with Northern Trust's collateral management solutions.
Northern Trust Asset Management has launched two new Emerging Markets climate-focused exchange traded funds (ETFs): the FlexShares Emerging Markets High Dividend Climate ESG UCITS ETF (QDFE) and the FlexShares Emerging Markets Low Volatility Climate ESG UCITS ETF (QVFE). These ETFs aim to enhance sustainable investing opportunities in Europe, focusing on high-quality, dividend-paying stocks and lower volatility options in emerging markets. The products leverage Northern Trust's extensive expertise in sustainable investing and are now available on major European exchanges.
Northern Trust (Nasdaq: NTRS) has announced the appointment of Stanislav Treger as Behavioral Insights Advisor. Treger, previously a Senior Behavioral Scientist at Morningstar, will enhance the Northern Trust Institute by integrating behavioral science into wealth management strategies. With over 10 years of expertise, he aims to help clients articulate and achieve their financial goals. The Northern Trust Institute employs more than 175 specialists focused on data-driven wealth management solutions. As of June 30, 2021, Northern Trust managed assets totaling $371.1 billion.
Northern Trust (Nasdaq: NTRS) has acquired an equity stake in Essentia Analytics, Ltd., a provider of behavioral analytics aimed at enhancing investment performance. This partnership is part of Northern Trust's Whole Office strategy, which offers clients access to innovative technologies. Essentia’s analytics tools help institutional investors identify biases in decision-making, thereby improving outcomes in stock picking, sizing, and timing. The collaboration is expected to boost productivity and investment results for clients globally.
Northern Trust Asset Management has appointed Angelo Manioudakis as the new Chief Investment Officer effective September 27. With over 32 years of experience, Manioudakis previously held senior roles at Fidelity, managing approximately $500 billion in assets. He co-founded Lantern Harbor Investment Partners and will oversee investment performance and policy for Northern Trust’s products, which manage over $1.2 trillion in assets. His leadership is expected to enhance the investment firm's strategic goals and innovation.
Northern Trust Corporation (NTRS) will webcast its third quarter 2021 earnings conference call on October 20, 2021, at 9:00 a.m. (CT). The earnings press release and presentation materials will be shared that morning, accessible via Northern Trust’s website. The company, established in 1889, provides wealth management and asset servicing globally, managing assets under custody of US$15.7 trillion and assets under management of US$1.5 trillion as of June 30, 2021.
Northern Trust has introduced an AI-powered solution developed in collaboration with Microsoft Azure to digitize and automate the extraction of unstructured investment data from alternative asset documents. This new technology aims to enhance data accessibility for asset owners, facilitating improved performance, liquidity, and risk analytics. The solution processes over 1.5 million alternative asset documents annually and is part of Northern Trust's broader initiative to optimize alternative asset servicing through advanced technologies, including blockchain and machine learning.
50 South Capital Advisors has appointed Kodee Furst as Director in its private equity group, enhancing their capacities in North Dakota's private capital ecosystem. Furst will focus on sourcing, evaluating, and executing investments while participating in fundraising and portfolio management. Her extensive experience with entrepreneurs and in the oil and gas industry positions her well for this role. Notably, Northern Trust, a significant player in financial services, wholly owns 50 South Capital. This move is aimed at identifying promising private capital opportunities.
Northern Trust's Capital Market Assumptions Report projects a global economic growth of 2.9% over the next five years, with annualized inflation expected at 1.7%. The firm anticipates low interest rates leading to modest returns, forecasting a 4.6% annualized return for global equities, reflecting a 0.3 percentage-point decrease from the previous year. Key insights suggest a reversion to mediocrity in growth and persistent 'stuckflation' as inflation remains below central bank targets. The report indicates that technology will continue to influence inflationary pressures, and central banks will maintain accommodative policies.
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