northern trust corp (NTRS) Key Developments
City of Tallahassee Selects Northern Trust for Custody Services
Aug 13 15
The City of Tallahassee has selected Northern Trust to serve as global custodian for its USD 2.1 billion in assets. Northern Trust will oversee assets for the city's pension, other-post employment benefits and treasury portfolios. Northern Trust will also provide securities lending and performance reporting.
Northern Trust Asset Management Appoints Trang Lam as Vice President and Senior Client Investment Officer for Multimanager Investment Outsourcing Unit in Canada
Aug 4 15
Northern Trust Corp.'s Northern Trust Asset Management appointed Trang Lam as vice president and senior client investment officer for its multimanager investment outsourcing unit in Canada. Lam will be based in Toronto. In the newly created role, Lam will reportedly be responsible for overseeing investment policy development, asset allocation recommendations, risk management, investment manager search, and selection and portfolio construction. Prior to her new role, she was senior manager, global investment risk and strategy, at TD Bank Group. A TD Bank spokeswoman did not comment on the move.
UCA Funds Management Appoints Northern Trust to Provide Global Custody Services
Aug 3 15
UCA Funds Management, dedicated to ethical investing has appointed Northern Trust to provide global custody services for its range of Australian fund products. UCA Funds Management offers investment options, which support an ethical approach, to charities, faith-based organizations and personal investors. Beginning as a small social enterprise, it has grown to manage more than AUD 970 million (USD 709.6) million in funds under management.
Northern Trust Appoints Simon Willcox as New Head of Investment Risk and Analytical Services for Asia Pacific Region, Effective August 03, 2015
Jul 30 15
Northern Trust has named Simon Willcox as new head of investment risk and analytical services (IRAS) for the Asia Pacific region, effective 3 August 2015. In his new role, Willcox will be responsible for leading the delivery of technology, reporting and consulting services for institutional investors and asset managers in the region. Based in Singapore, Willcox will report to Northern Trust's global head of product and IRAS Fiona Horsewill, and locally to head of Asia Pacific William Mak. Willcox was most recently global head of performance product at Northern Trust. Prior to that, he worked as head of performance measurement for Lombard Odier in London and as a performance consultant at KPMG.
Northern Trust Corporation to Manage Investment Program for Northland College
Jul 28 15
Northern Trust Corporation announced that it has been selected to provide discretionary investment services for Northland College.