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Press Release Archive

  • Family Offices See Private Equity as Key to Future Returns, Study Finds
    January 9, 2019

    Private and public equity allocations drove strong returns for family offices over the past three years, according to a new report released by Northern Trust Global Family Office and Private Investment Offices Group (GFO) and the Wharton Global Family Alliance (GFA). Year-over-year, capital allocations to public equity and private equity have increased, while allocations to fixed income and hedge funds declined.
  • Northern Trust 2019 Outlook Sees No Recession in Developed Markets and Global Growth Continuing
    January 3, 2019

    Despite the global economic slowdown, U.S. monetary policy tightening, and trade tensions introducing further risks to a slowing China, Northern Trust, a leading global asset manager with $1.1 trillion in assets under management, does not foresee a recession in developed markets in 2019. Instead, the firm expects the global economic expansion to continue, albeit at a slower pace, similar to other parts of the world.
  • Northern Trust Raises Prime Rate
    December 19, 2018

    The Northern Trust Company has increased its prime rate from 5.25% to 5.50%, effective Thursday, December 20, 2018.
  • Northern Trust Corporation to Webcast Fourth Quarter 2018 Earnings Conference Call
    December 19, 2018

    Northern Trust Corporation announced today that it will webcast its fourth quarter 2018 earnings conference call live on Wednesday, January 23, 2019.
  • Northern Trust Hedge Fund Services Launches Reconciliations Dashboard
    December 19, 2018

    Northern Trust Hedge Fund Services (NTHFS) today announced the launch of Rec Dashboard, an enhanced reporting tool that improves efficiency in account reconciliation. The dashboard provides a comprehensive, real-time view of breaks and reconciliations in trade activity between NTHFS clients and other institutions.
  • Northern Trust Strategic Focus on Insurance Solutions Leads to Growth
    December 18, 2018

    Northern Trust announced today that its Insurance Solutions business has added 22 clients with approximately $65 billion in assets over the past two years, driven by rising demand for outsourcing and success with competitive bidding for large mandates.
  • FlexShares To Transfer Exchange Listing of Two ETFs to Chicago Board Options Exchange
    December 14, 2018

    Northern Trust’s FlexShares® Exchange Traded Funds today announced plans to transfer the listings of FlexShares Morningstar® U.S. Market Factor Tilt Index Fund (TILT) and FlexShares STOXX® US ESG Impact Index Fund (ESG) from NYSE and Nasdaq respectively to the Chicago Board Options Exchange (CBOE), effective December 28, 2018. Current shareholders in these funds are not required to take any actions as a result of these changes.
  • Northern Trust Announces Havens to Succeed Bell as Wealth Management West Region President
    December 14, 2018

    Northern Trust (Nasdaq: NTRS) announced today that Michele Havens will succeed Steven Bell, President of the West Region, effective February 28, 2019, as Bell retires after 36 years with the company. The West Region encompasses offices in Arizona, California, Colorado, Nevada, Texas and Washington.
  • Mobius Capital Partners Appoints Northern Trust to Support UK Investment Trust and Luxembourg SICAV
    December 06, 2018

    Northern Trust (Nasdaq: NTRS) today announced that it has been selected by Mobius Capital Partners, the emerging and frontier markets investment manager, to provide a range of asset servicing and Integrated Trading Solutions to support the firm’s London-listed Mobius Investment Trust (MMIT.L) and Luxembourg Société d'Investissement à Capital Variable (SICAV), the Mobius Emerging Markets Fund.
  • Northern Trust Acquires BEx LLC to Drive Innovation and Growth in Global Foreign Exchange
    December 4, 2018

    Northern Trust (Nasdaq: NTRS) today announced an agreement to acquire BEx LLC, a provider of foreign exchange (FX) software solutions, to drive continued innovation and growth in its Global Foreign Exchange business.